US developer-investor Hines has signed a forward-purchase agreement for a 31,000 m2 multifamily rental residential scheme in Madrid, on behalf of the Hines European Value Fund 2 (HEVF 2).
US developer-investor Hines has signed a forward-purchase agreement for a 31,000 m2 multifamily rental residential scheme in Madrid, on behalf of the Hines European Value Fund 2 (HEVF 2).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.