UK real estate investment trust Local Shopping REIT said that it has begun to see signs of distressed selling and hopes to take advantage of buying opportunities when property values fall further in 2009.
UK real estate investment trust Local Shopping REIT said that it has begun to see signs of distressed selling and hopes to take advantage of buying opportunities when property values fall further in 2009.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.