Spanish residential landlord Testa has decided to postpone its initial public offering initially planned for late June as a result of ‘unstable’ market conditions.
Spanish residential landlord Testa has decided to postpone its initial public offering initially planned for late June as a result of ‘unstable’ market conditions.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.