Portuguese asset manager Norfin has sold two logistics assets totaling over 35,000 m2 to a joint venture of real estate asset management firm, Bedrock Capital, and international investor Europi Property Group (EPG), for an undisclosed amount.
Portuguese asset manager Norfin has sold two logistics assets totaling over 35,000 m2 to a joint venture of real estate asset management firm, Bedrock Capital, and international investor Europi Property Group (EPG), for an undisclosed amount.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.