Halladale, the AIM-listed co-investing property company, has disposed of the Baytree Centre in the UK to property fund O Twelve Estates for £41.6 mln (EUR 61.7 mln). The price reflects a net initial yield of 4.78%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
