Spanish REIT Hispania, which focuses on offices, hotels and residential investments across Spain, has purchased four hotel in the Canary Islands for a total of €92 mln.
Spanish REIT Hispania, which focuses on offices, hotels and residential investments across Spain, has purchased four hotel in the Canary Islands for a total of €92 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.