UK real estate investment trust Industrials REIT has agreed to a £511.2 mln (€578.1 mln) takeover by Sussex Bidco LP, a company indirectly owned by investment funds advised by Blackstone Inc.
UK real estate investment trust Industrials REIT has agreed to a £511.2 mln (€578.1 mln) takeover by Sussex Bidco LP, a company indirectly owned by investment funds advised by Blackstone Inc.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.