Union Investment said on Wednesday that it has agreed to acquire two hotel development projects in Kraków and Katowice as the seed portfolio for a new special fund, UII EuropeanM.
Union Investment said on Wednesday that it has agreed to acquire two hotel development projects in Kraków and Katowice as the seed portfolio for a new special fund, UII EuropeanM.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.