Portuguese retail specialist Sonae Sierra is teaming up with Chinese alternative investment manager Citic Capital Holdings to launch a joint venture for the provision of property management and leasing services to shopping centres in China.
Portuguese retail specialist Sonae Sierra is teaming up with Chinese alternative investment manager Citic Capital Holdings to launch a joint venture for the provision of property management and leasing services to shopping centres in China.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.