A specialist subsidiary of Singapore-listed CapitaLand has acquired a luxury serviced apartment project in London on behalf of a joint fund with Qatar Investment Authority for £52 mln (€67 mln).
A specialist subsidiary of Singapore-listed CapitaLand has acquired a luxury serviced apartment project in London on behalf of a joint fund with Qatar Investment Authority for £52 mln (€67 mln).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.