Aviva Investors has agreed to forward fund the development of Two New Bailey Square, a 187,241 sq ft (17,400 m2) office building in Salford, Greater Manchester, for £113 mln (€129 mln).
Aviva Investors has agreed to forward fund the development of Two New Bailey Square, a 187,241 sq ft (17,400 m2) office building in Salford, Greater Manchester, for £113 mln (€129 mln).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.