Philipp Westermann

Philipp Westermann is Head of Europe and a Partner of Proprium Capital Partners. Prior to joining Proprium Capital Partners as a founding team member, Philipp was Co-CEO and Geschäftsführer of Motel One, Germany’s second largest budget hotel chain. Motel One operates over 60 hotels with over 17,000 rooms generating 2017 revenues of more than €400 million and EBITDA of €120 million.

Until 2010, Philipp was a Managing Director at Morgan Stanley, where he was European Portfolio Manager for Morgan Stanley’s Real Estate Special Situations Fund and headed the UK Real Estate Investing business.