Norway's massive oil-fuelled pension fund has acquired the freehold of a mixed-use asset on London's Oxford Street for £267.5 mln (€322 mln), reflecting a net initial yield of 3.2%.
Norway's massive oil-fuelled pension fund has acquired the freehold of a mixed-use asset on London's Oxford Street for £267.5 mln (€322 mln), reflecting a net initial yield of 3.2%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.