Kardan has announced its Globe Trade Centre real estate subsidiary has signed the final agreement for the sale of the Mokotow Business Park in Warsaw for EUR 215.6 mln to Heitman European Property Partners III Fund. Both sides agreed the price could be modified by up to EUR 1.8 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
