W.P. Carey International, a subsidiary of investment firm W. P. Carey & Co. has acquired a portfolio of 61 French logistics properties through a sale and leaseback transaction with the Fraikin Group for $68 mln (EUR 51.5 mln).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
