Prime rents for European offices continue to climb upwards, with the rolling annual rate of growth accelerating to 7.1% in Q1 – up from 6.3% the previous quarter and 2.6% a year ago, according to research from Cushman & Wakefield.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
