Global real estate firm Hines has announced that its latest fund, Hines European Property Partners (HEPP), has secured €800 mln of equity commitments from investors at its first closing, less than three months after the fund’s launch.
Global real estate firm Hines has announced that its latest fund, Hines European Property Partners (HEPP), has secured €800 mln of equity commitments from investors at its first closing, less than three months after the fund’s launch.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.