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Invista to Lose Management Contract for Lloyds Real Estate Funds

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Oct. 12 (Bloomberg) -- Invista Real Estate Management Holdings Plc, the U.K.’s largest publicly traded property asset manager, said Lloyds Banking Group Plc is to end Invista’s contract to oversee 2.4 billion pounds of assets for its HBOS unit. Invista managed 5.4 billion pounds of assets at June 30, it said in a statement today.

Link to Statement:{NSN LA5Y0K3HBS3M <GO>}

Link to Company News:{LLOY LN <Equity> CN <GO>} Link to Company News:{INRE LN <Equity> CN <GO>}

To contact the editor responsible for this story: Peter Woodifield at pwoodifield@bloomberg.net

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