Proprium, the real estate private equity firm spun out of Morgan Stanley, has sold its 35% stake in Motel One to majority shareholder One Hotels & Resorts for a purchase price of €1.25 bn.
Proprium, the real estate private equity firm spun out of Morgan Stanley, has sold its 35% stake in Motel One to majority shareholder One Hotels & Resorts for a purchase price of €1.25 bn.
Royal London Asset Management Property has finalised a round of transactions in the industrial and logistics sector worth more than £350 mln, including a circa £315 mln (€370 mln) industrial estate-to-data centre site sale in west London.