Schroder Real Estate and Octopus Real Estate have announced the second close for their UK Retirement Living Fund (ReLF) with an additional £40 mln (€44 mln) of investment, taking aggregated equity commitments to date to £140 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
