The Dutch division of office products company OCE has divested its headquarters in the city of Den Bosch to NW Office Fund I in a sale-and-leaseback transaction. The property provides a total lettable area of 10,630 m[sup]2[/sup] and was renovated in 2005. The financial details of the transaction were not disclosed.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
