US investor Thor Equities is close to concluding an agreement for the sale of its luxury retail asset at 65 Boulevard de la Croisette in Cannes, France, for €120 mln.
US investor Thor Equities is close to concluding an agreement for the sale of its luxury retail asset at 65 Boulevard de la Croisette in Cannes, France, for €120 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.