Property fund manager HDG Mansur expects the high levels of growth in Sharia-compliant funds to continue in the coming years, CEO Harold Garrison told PropertyEU TV in an interview at MIPIM. 'We've seen growth in excess of 200% to 300% and we think it's likely this will continue in the next few years, certainly given the oil price developments,' he said.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
