US-owned activist investor Elliott Capital Advisors has increased its stake in Hammerson to 5.3%, placing the UK shopping centre developer under pressure as it prepares to reveal a strategy update to shareholders.
US-owned activist investor Elliott Capital Advisors has increased its stake in Hammerson to 5.3%, placing the UK shopping centre developer under pressure as it prepares to reveal a strategy update to shareholders.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.