The Dai-Ichi Life Insurance Company, Japan's third-largest life insurer and fourth-largest insurance company by revenue, has unveiled plans to return to overseas real estate investment after a 26-year hiatus with a JPY 10 bn (€78 mln) spend on European property.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
