UK-based fund manager Benson Elliot has raised €175 mln by divesting its controlling stake in German communal housing company, Elstertal Geraer Wohnungsbaugesellschaft (GWB).
UK-based fund manager Benson Elliot has raised €175 mln by divesting its controlling stake in German communal housing company, Elstertal Geraer Wohnungsbaugesellschaft (GWB).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.