International real estate firm Hines has purchased a trophy office property in Milan for €220 mln on behalf of French insurer CNP Assurances in an off-market deal.
International real estate firm Hines has purchased a trophy office property in Milan for €220 mln on behalf of French insurer CNP Assurances in an off-market deal.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.