HSBC's European Active Real Estate Fund has acquired a 50% interest in Expo Market Doraly business park in Bucharest from the developers, Gheorghe and Dorina Iaciu. The transaction volume amounts to EUR 104mln.
HSBC's European Active Real Estate Fund has acquired a 50% interest in Expo Market Doraly business park in Bucharest from the developers, Gheorghe and Dorina Iaciu. The transaction volume amounts to EUR 104mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.