ABN Amro has signed a lease for 14,800 m[sup]2[/sup] in the new 7 World Trade Centre building in New York. The Dutch banking giant will occupy the top four floors of the building. A lease price has not been disclosed but the space is offered for $550 (EUR 412) per square metre per year. CB Richard Ellis represented Larry Silverstein and ABN Amro was represented by Jones Lang LaSalle.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
