Norway’s sovereign wealth fund is closing its unit which invests in unlisted real estate and cutting its overall real estate allocation target as part of a change in strategy.
Norway’s sovereign wealth fund is closing its unit which invests in unlisted real estate and cutting its overall real estate allocation target as part of a change in strategy.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.