Central London prime offices have led the rebound in commercial property values since mid-2009, but capital growth in secondary assets has overtaken prime in the past few months.
Central London prime offices have led the rebound in commercial property values since mid-2009, but capital growth in secondary assets has overtaken prime in the past few months.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.