Crossroads Real Estate (Crossroads), Primevest’s Holland Immo Group (HIG) and Apcoa Parking have announced the acquisition of the real estate and the operation of the parking garages in Scheveningen and Vlaardingen, the Netherlands, from the owners and founders of BKS Parking. Financial details were kept confidential.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
