The city of Rotterdam still has 'upside potential,' according to Richard Apfelbacher, managing partner at L’Etoile Properties, who advised Amundi and the Koreans on the recent acquisition of office tower De Rotterdam in the Dutch port city.
The city of Rotterdam still has 'upside potential,' according to Richard Apfelbacher, managing partner at L’Etoile Properties, who advised Amundi and the Koreans on the recent acquisition of office tower De Rotterdam in the Dutch port city.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.