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Q&A with chairman of TIAA-Cref’s venture with Henderson

Tom Garbutt explains the new joint venture’s ambitions in Asia and why debt is attractive

Two weeks after New York-based asset manager TIAA-Cref and UK-based Henderson Global Investors announced a new joint venture, Tom Garbutt, head of global real estate at TIAA-Cref, who will become chairman of the new firm, talks to Financial News about the deal and plans for the future.

Financial News: Where did the relationship between your two firms originate?

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