CBRE Global Investors has completed the acquisition of a prime industrial unit in Milton Keynes from Bollinwater Estates on behalf of Shell Pension Trust for £12.78 mln (€14.5 mln), representing a net initial yield of 4.71%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
