A total of EUR 14.6 bn was transacted in continental European retail real estate in the first nine months of 2006, almost matching the total of EUR 14.7 bn for all of 2005, according to new research published by Jones Lang La Salle at the start of the Mapic trade fair in Cannes, France on Wednesday.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
