Velero Immobilien, a provider of property management services in the residential real estate market in Germany, said it is postponing its initial public offering as a result of difficult market conditions.
Velero Immobilien, a provider of property management services in the residential real estate market in Germany, said it is postponing its initial public offering as a result of difficult market conditions.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.