Foreign buyers are the major force at the prime end of the market in CEE, even though the cross-border element as a percentage of the volume has dropped from almost 100% in 2005 to just above 60% now.
Foreign buyers are the major force at the prime end of the market in CEE, even though the cross-border element as a percentage of the volume has dropped from almost 100% in 2005 to just above 60% now.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.