Germany's largest residential company Vonovia has acquired a majority stake in Swedish residential company Hembla from Blackstone for SEK 12.225bn (€1.14 bn).
Germany's largest residential company Vonovia has acquired a majority stake in Swedish residential company Hembla from Blackstone for SEK 12.225bn (€1.14 bn).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.