The debt funding gap for commercial real estate in Europe is set to increase by up to 50% by 2014, or a total of $249bn (EUR 188.2 bn), as new regulations force European banks to deleverage, DTZ claims in its newly published Global Outlook for 2012.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
