For the first time since PropertyEU started publishing its annual Top100 Investors ranking based on assets under management, the top 10 this year are all domiciled in Europe. Real estate investment managers affiliated to insurance companies have in particular increased their clout, accounting for no less than half – or five – of the top 10.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
