New York-based investor Madison International Realty has acquired a 50% stake in The Houndsditch Estate in the City of London from TIAA Henderson Real Estate (TH Real Estate) on behalf of its Central London Office Fund.
New York-based investor Madison International Realty has acquired a 50% stake in The Houndsditch Estate in the City of London from TIAA Henderson Real Estate (TH Real Estate) on behalf of its Central London Office Fund.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.