Asset management giant Blackstone has confirmed the acquisition of Spanish Banco Sabadell's hotel arm, HI Partners, as reported by PropertyEU in early October.
Asset management giant Blackstone has confirmed the acquisition of Spanish Banco Sabadell's hotel arm, HI Partners, as reported by PropertyEU in early October.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.