Investors ploughed €537 mln into Spanish hotels in the third quarter of 2016, up 162% on the year-earlier period and the highest growth rate of all European markets, according to CBRE.
Investors ploughed €537 mln into Spanish hotels in the third quarter of 2016, up 162% on the year-earlier period and the highest growth rate of all European markets, according to CBRE.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.