German investment giant Union Investment and Hamburg-based Redos have launched an open-ended special alternative investment fund (AIF) focusing on German retail parks and specialist shopping centres.
German investment giant Union Investment and Hamburg-based Redos have launched an open-ended special alternative investment fund (AIF) focusing on German retail parks and specialist shopping centres.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.