Greystar Real Estate Partners, in partnership with a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA), has agreed to acquire a build-to-rent (BTR) scheme in Bermondsey, south London, from Grosvenor’s UK property business.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
