US privately-held developer-investor Hines has acquired two turnkey logistics developments in Madrid on behalf of its Hines European Value Fund 2 (HEVF 2). Financial details were kept confidential.
US privately-held developer-investor Hines has acquired two turnkey logistics developments in Madrid on behalf of its Hines European Value Fund 2 (HEVF 2). Financial details were kept confidential.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.