European retail real estate investment manager Redevco has acquired a mixed-use high street property in the UK coastal city of Brighton for £14 mln (€17 mln) from CBRE Global Investors.
European retail real estate investment manager Redevco has acquired a mixed-use high street property in the UK coastal city of Brighton for £14 mln (€17 mln) from CBRE Global Investors.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.