Real estate investor and developer Coima has sold the Hotel Excelsior in Venice Lido, Italy, to London & Regional Hotels (L+R) for €100 mln.
Real estate investor and developer Coima has sold the Hotel Excelsior in Venice Lido, Italy, to London & Regional Hotels (L+R) for €100 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.