European office take-up by law firms was a total of 164,000 m[sup]2[/sup] over the six months to March 2008, according to the latest EMEA Legal Business Briefing of global real estate consultant C&W. This figure is up 3% up on the previous half year, and compares favourably with the 7% overall fall in office space leased across Europe's 16 major legal centres monitored.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
