BMO Real Estate Partners (BMO REP), the European property investment and asset management arm of Canada’s BMO Financial Group, has bought two prime luxury retail properties in Italy for €150 mln.
BMO Real Estate Partners (BMO REP), the European property investment and asset management arm of Canada’s BMO Financial Group, has bought two prime luxury retail properties in Italy for €150 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.