German fund manager Union Investment has made its debut investment in the Polish city of Wroclaw, with the acquisition of Magnolia Park shopping centre from private equity firm Blackstone for €380 mln.
German fund manager Union Investment has made its debut investment in the Polish city of Wroclaw, with the acquisition of Magnolia Park shopping centre from private equity firm Blackstone for €380 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.