International investment manager Blackrock Real Assets has acquired a pan-European hostel portfolio as part of a €100 mln joint-venture with hostel operator Amistat International.
International investment manager Blackrock Real Assets has acquired a pan-European hostel portfolio as part of a €100 mln joint-venture with hostel operator Amistat International.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.