Spain's Chamartin plans to step up its presence in Germany with the development of shopping malls under the Dolce Vita brand. The construction company told PropertyEU it is seeking new opportunities in the German market, where it currently has 20 projects located mainly in Berlin. In addition, Chamartin said it does not rule out expanding further in Poland and entering new European markets.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
