Singapore’s sovereign wealth fund GIC has confirmed the acquisition of a €1 bn European logistics portfolio from funds managed by Apollo Global Management, as reported by PropertyEU's sister publication Europroperty last month.
Singapore’s sovereign wealth fund GIC has confirmed the acquisition of a €1 bn European logistics portfolio from funds managed by Apollo Global Management, as reported by PropertyEU's sister publication Europroperty last month.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.