Global investment volume in commercial real estate rose by 33% last year to a record EUR 491 bn, according to the International Investment Atlas of property advisor Cushman & Wakefield. The growth was particularly strong in Europe and Asia with increases of 50% and 48% respectively.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
