Regulatory issues remain a serious challenge for investors in France and are prompting some property owners to become vendors, according to Alfred Fink, partner at Taylor Wessing.
Regulatory issues remain a serious challenge for investors in France and are prompting some property owners to become vendors, according to Alfred Fink, partner at Taylor Wessing.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.