Cornerstone Real Estate Advisers Europe (Cornerstone Europe) has announced it is beginning capital raising for its Nordic Social Infrastructure Property Fund (NSIPF), a new core fund tit is planning to launch to invest in public real estate assets let on long term inflation-linked leases to government or quasi-government tenants.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
