Belgian real estate asset manager Pertinea Property Partners has purchased the Oudeland and Wielwijk shopping centres on behalf of the RE-tail Return Partners II investment vehicle. Financial details were not disclosed.
Belgian real estate asset manager Pertinea Property Partners has purchased the Oudeland and Wielwijk shopping centres on behalf of the RE-tail Return Partners II investment vehicle. Financial details were not disclosed.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.