Swedish investment group EQT Real Estate announced on Tuesday the launch of a joint venture with UK residential specialist Sigma Capital to create a £1 bn (€1.1 bn) investment portfolio of 3,000 build-to-rent (BTR) residential homes in Greater London.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
