The English Cities Fund, a public-private joint venture between the UK's dedicated land and homes agency Homes England and property firms Legal & General and Muse Developments, is doubling in size to £200 mln (€223 mln) to take on large-scale regeneration projects in English towns and cities.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
