UK property companies Brixton and Liberty International have separately announced amendments to their articles of association have been passed by extraordinary general meetings to allow them to convert to real estate investment trust status (REIT).
UK property companies Brixton and Liberty International have separately announced amendments to their articles of association have been passed by extraordinary general meetings to allow them to convert to real estate investment trust status (REIT).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.