The faith being placed in ASI by client investors vindicates the merger that created Europe's second-largest real estate investment manager two years ago, says Pertti Vanhanen, global co-head of real estate at the group.
The faith being placed in ASI by client investors vindicates the merger that created Europe's second-largest real estate investment manager two years ago, says Pertti Vanhanen, global co-head of real estate at the group.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.