Belgian financial services group Fortis has agreed to take almost 30,000 m[sup]2[/sup] office space in the Manhattan Centre in Brussels. The deal is larger than any single office leasing deal achieved in the City of London in the last year, according to Gerald Keen of Catalyst Capital. JER Partners and Catalyst Capital jointly own the property.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
