Suspended UK property funds need to ‘put themselves in a strong enough position to handle redemptions when they reopen’, Simon Molica, portfolio manager at Morningstar Investment Management in the UK, has told PropertyEU this week.
Suspended UK property funds need to ‘put themselves in a strong enough position to handle redemptions when they reopen’, Simon Molica, portfolio manager at Morningstar Investment Management in the UK, has told PropertyEU this week.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.