European retail investment volumes declined 15% year-on-year in the third quarter of this year, but the drop was far smaller than for other real estate asset classes, according to adviser Savills.
European retail investment volumes declined 15% year-on-year in the third quarter of this year, but the drop was far smaller than for other real estate asset classes, according to adviser Savills.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.