UK REIT Supermarket Income has joined forces with the British Airways pension fund to buy a 25.5% stake in one of the UK’s largest portfolios of supermarket properties for £102 mln (€114 mln).
UK REIT Supermarket Income has joined forces with the British Airways pension fund to buy a 25.5% stake in one of the UK’s largest portfolios of supermarket properties for £102 mln (€114 mln).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.