New York-listed Ares Management has acquired the Piccadilly Place office and retail property in the English city of Manchester for £117 mln (€145 mln).
New York-listed Ares Management has acquired the Piccadilly Place office and retail property in the English city of Manchester for £117 mln (€145 mln).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.