Saco, the serviced apartment business acquired by Brookfield last month for £430 mln (€485 mln), has completed a series of new acquisitions that will add almost 1,000 new units to its Locke lifestyle aparthotel concept.
Saco, the serviced apartment business acquired by Brookfield last month for £430 mln (€485 mln), has completed a series of new acquisitions that will add almost 1,000 new units to its Locke lifestyle aparthotel concept.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.