French retail specialist Klépierre said on Friday that it is pulling the plug on plans to take over British peer Hammerson after the UK REIT rejected a higher, 635 pence a share offer.
French retail specialist Klépierre said on Friday that it is pulling the plug on plans to take over British peer Hammerson after the UK REIT rejected a higher, 635 pence a share offer.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.