UK retail REIT Intu Properties has acquired the Xanadú shopping centre in Madrid from Canadian mall investor Ivanhoé Cambridge for €530 mln.
UK retail REIT Intu Properties has acquired the Xanadú shopping centre in Madrid from Canadian mall investor Ivanhoé Cambridge for €530 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.