Cushman & Wakefield Stiles & Riabokobylko has been appointed the exclusive leasing and marketing agent for office space at the Hilton Hotel & Business Centre in the centre of the Russian city of Novosibirsk. The Novosibirsk project is being spearheaded by international investor and developer London & Regional and also involves international hotel operator Hilton and financial partner Sberbank.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
