GIC, Singapore’s sovereign wealth fund, has completed the purchase of P3, the pan-European owner, developer and manager of logistics properties, from TPG Real Estate and Ivanhoé Cambridge.
GIC, Singapore’s sovereign wealth fund, has completed the purchase of P3, the pan-European owner, developer and manager of logistics properties, from TPG Real Estate and Ivanhoé Cambridge.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.