The fate of the largest real estate deal in history remains uncertain after Equity Office Properties Trust (EOP) confirmed in late December that it will consider higher bids than the record-breaking $20 bn plus $16 bn in debt assumption tabled by the Blackstone Group in November.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
