French asset manager La Française Real Estate Partners has acquired an 11,500 m2 mixed-use complex in the 16th arrondissement of Paris on behalf of a major French institutional client.
French asset manager La Française Real Estate Partners has acquired an 11,500 m2 mixed-use complex in the 16th arrondissement of Paris on behalf of a major French institutional client.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.