Dutch institutional investment manager Bouwinvest’s Residential Fund has extended its total investment in the NDSM Wharf former shipyard on the IJ River waterfront in Amsterdam North to €240 mln with the acquisition of 449 apartments in the ‘Het Dok’ project from developer COD.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
