Breakthrough Properties, a global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, has announced the acquisition of the 1.7-acre Trinity House site in Oxford for the development of its first ground-up life sciences development in the UK.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
