Cain International, the privately held real estate investment firm, has completed the acquisition of a portfolio of eight office parks across Spain from Merlin Properties, the Spanish-listed REIT, for €225 mln.
Cain International, the privately held real estate investment firm, has completed the acquisition of a portfolio of eight office parks across Spain from Merlin Properties, the Spanish-listed REIT, for €225 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.