CapMan RE has announced that the sale of 22 commercial properties managed by its Fund I to an investor group formed by Samson Properties, the Royal Bank of Scotland (RBS) and Ajanta Oy is expected to be completed on January 31, 2007. The company also said the transaction will not be subject to regulatory approval by competition authorities.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
