Dutch asset manager ASR has agreed to sell its real estate development arm ASR Vastgoed Ontwikkeling as it looks to focus on asset management and insurance.
Dutch asset manager ASR has agreed to sell its real estate development arm ASR Vastgoed Ontwikkeling as it looks to focus on asset management and insurance.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.