Nordic private equity firm Niam has acquired the leasehold of the Neapel 3 hotel and office asset in Stockholm from listed company Vasakronan for SEK 925 mln (€100 mln).
Nordic private equity firm Niam has acquired the leasehold of the Neapel 3 hotel and office asset in Stockholm from listed company Vasakronan for SEK 925 mln (€100 mln).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.