The Ascott Limited, Singapore-based CapitaLand’s serviced residence business, has acquired two properties in Paris and Tokyo for $104 mln (€97.5 mln) for a fund with Qatar Investment Authority (QIA).
The Ascott Limited, Singapore-based CapitaLand’s serviced residence business, has acquired two properties in Paris and Tokyo for $104 mln (€97.5 mln) for a fund with Qatar Investment Authority (QIA).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.