PGIM Real Estate has been awarded a £265 mln (€311 mln) mandate to develop and manage a UK real return portfolio for Pace, the largest pension scheme operated on behalf of The Co-op in the UK.
PGIM Real Estate has been awarded a £265 mln (€311 mln) mandate to develop and manage a UK real return portfolio for Pace, the largest pension scheme operated on behalf of The Co-op in the UK.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.