French REIT Gecina said this week that it has finalized the sale of its hotel portfolio to US group Angelo Gordon & Co and EQ Group for a net price of €181 mln.
French REIT Gecina said this week that it has finalized the sale of its hotel portfolio to US group Angelo Gordon & Co and EQ Group for a net price of €181 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.