New firms holding a total of €127 bn of European real estate assets are set to emerge from the latest wave of consolidation sweeping the sector.
New firms holding a total of €127 bn of European real estate assets are set to emerge from the latest wave of consolidation sweeping the sector.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.