M&G Real Estate bought and sold £4.2 bn (€5.5 bn) of real estate in 2015, taking the total level of transactions to over £11 bn over the past three years. The 2015 total included £2.6 bn of new acquisitions.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
