US logistics property giant Prologis has agreed to buy a 157,500 m2 logistics portfolio in Belgium from AG Real Estate, the property arm of insurer AG, for an undisclosed amount.
US logistics property giant Prologis has agreed to buy a 157,500 m2 logistics portfolio in Belgium from AG Real Estate, the property arm of insurer AG, 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.