Leading industrial and logistics operator Prologis has announced that it ended 2016 with 96.7% occupancy in Europe, after signing new leases and renewals totalling 718,000 m2 in the fourth quarter of the year. The total tenancy deals inked in Europe during 2016 reached 3.5 mln m2, an increase in volume of 54% compared to 2015.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
