New York-based investment fund HighBrook Investors, acting on behalf of a separate account client, has closed the purchase of Le Mirage, an iconic multi-let office building in Utrecht, from Patrizia's Rockspring Property Investment Managers for an undisclosed amount.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
