KKR, Round Hill Capital (RHC) and Longridge Capital (LRC) have announced the sale of their Italian logistics portfolio held through their investment in the Elizabeth real estate fund, to EQT Exeter, a long-term owner, developer and manager of European logistics properties, for €117.5 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
