In the 21 European markets tracked by global real estate advisor Savills, 4.6 mln m2 of office space is expected to be delivered this year, with 4.4 mln m2 predicted for 2024, a 27% growth on the historical average.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
