Philipp Westermann

Philipp Westermann is Head of Europe and a Partner of Proprium Capital Partners. Prior to joining Proprium 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 40 hotels generating 2012 revenues of €175 million and EBITDA of €62 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. Prior to joining Morgan Stanley in 2002, Philipp was a Vice President at Lazard, where he spent seven years in Mergers and Acquisitions in London and New York.

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