Green real estate development took on a new meaning this week at the Realty real estate trade fair in Brussels. Property developers will have to factor in space for city farms in their future planning to feed a global urban population that the UN expects to rise by 60% in 2040, delegates heard at a seminar organised by the Belgian Property Federation (UPSI-BVS).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
