Global real estate institutional investment companies Ivanhoe Cambridge Holdings UK and Bouwinvest Real Estate Investors, alongside rental homes expert Greystar Real Estate Partners, have unveiled a new ‘develop-to-core’ venture focused on funding purpose-built student accommodation (PBSA) in the Greater Paris region.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
