AXA Investment Managers - Real Assets has completed the acquisition of the headquarters of newspaper Il Sole 24 Ore and PricewaterhouseCoopers at Milan's Via Monterosa 91 in an off-market deal valued at €220 mln, or a yield of just over 6%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
