French listed property firm Icade has agreed the sale of the Oxaya office project in the Gerland district of Lyon to AEW Europe's SCPI Fructifonds Immobilier investment fund.
French listed property firm Icade has agreed the sale of the Oxaya office project in the Gerland district of Lyon to AEW Europe's SCPI Fructifonds Immobilier investment fund.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.