M&G Real Estate, the real estate fund management arm of M&G Investments, has acquired 9-11 Via Pola, a 16,500 m2 prime office asset in the Porta Nuova central business district (CBD) of Milan, for €136 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
