Three institutional shareholders have decided to back Eurosic's offer for Foncière de Paris instead of Gecina's, effectively paving the way for a merger between the two smaller REITs.
Three institutional shareholders have decided to back Eurosic's offer for Foncière de Paris instead of Gecina's, effectively paving the way for a merger between the two smaller REITs.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.