Investment manager Nuveen Real Estate has raised €130 mln from three European investors for its European Cities vehicle. All three parties are European pension funds, with two expanding their current commitments to the platform.
Investment manager Nuveen Real Estate has raised €130 mln from three European investors for its European Cities vehicle. All three parties are European pension funds, with two expanding their current commitments to the platform.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.