Capital & Regional has become the latest real estate asset manager to be affected by the slowdown in UK commercial property. The company said on Friday that the value of units in its £3 bn shopping centre fund - the Mall Fund - fell by 12% in November, while the £1.3 bn retail warehouse Junction Fund dropped another 10%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
