New York-headquarted private equity firm Madison International Realty has announced the final closing of its seventh real estate liquidity fund with $1.2 bn (€1.06 bn) of equity commitments, including side cars, co-investment vehicles and general partner commitments.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
