Slovak investor IAD Investments, acting through its fund Prvý realitný fond o.p.f., has purchased Laugaricio Shopping Centre from Mint Investments, the Central European investor and developer. The transaction volume was not disclosed but brokers Cushman & Wakefield said it represented the largest property deal in Slovakia this year.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
