Madison International Realty has acquired with the Luxemburg-based investment vehicle MIEPPI Sarl (MIEPPI) a 2.2 percent equity stake for another institutional investor in Signa Prime Selection AG, a €15 billion ($17 billion) European real estate company holding — among others — 27 trophy properties and development projects. Â
The total portfolio spans more than 2.4Â million square meters (26 square feet) and includes, premium office, luxury retail, hotel and residential assets. The terms of the investment are confidential.
 This transaction follows the acquisition of a 5 percent stake by MIELI II Sarl, also managed by Madison, in July last year. Signa Prime’s shareholder base includes top-tier investors, such as the German sovereign wealth fun
