European real estate investment manager Europa Capital has teamed up with Italian asset manager DeA Capital Real Estate France to acquire a post-war, 3,200 m2 office building in the 18th arrondissement of Paris, France, from S2FIT1, the office and industrial property manager of the SNCF group.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
