Despite the sharp drop in retail investment across Europe this year, it is not all doom and gloom in the sector, writes editor-in-chief Robin Marriott.
Despite the sharp drop in retail investment across Europe this year, it is not all doom and gloom in the sector, writes editor-in-chief Robin Marriott.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.