German fund manager Union Investment Real Estate has made its first foray into Ireland to capitalize on strong growth in the market, Philip La Pierre, head of investment management Europe at Union Investment Real Estate tells PropertyEU.
German fund manager Union Investment Real Estate has made its first foray into Ireland to capitalize on strong growth in the market, Philip La Pierre, head of investment management Europe at Union Investment Real Estate tells PropertyEU.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.