German-listed residential firm Adler Real Estate has created a joint venture with Benson Elliot Capital Management to dispose of around €115 mln of non-core assets.
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Weekly data sheet: Motel One sale's valuation is latest proof of hospitality sector roaring back
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Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
