French asset management group La Française has streamlined its €25 bn real estate division by combining all its real estate activities under a single brand, La Française Real Estate Managers.
French asset management group La Française has streamlined its €25 bn real estate division by combining all its real estate activities under a single brand, La Française Real Estate Managers.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.