Jones Lang LaSalle (JLL) has shaken up the Dutch property advisors sector with the acquisition of local broker Troostwijk Makelaars. The new combination is by far the largest advisor in the Dutch investment market with a strong network of offices in the Randstad conurbation encompassing Amsterdam and Rotterdam. The move will also boost JLL’s presence in the leasing sector. Financial details were not disclosed.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
