Direct investment in European real estate reached a record EUR 242.2 bn in 2006, up 39% on the year before, according to Jones Lang LaSalle's latest European Capital Markets Bulletin. This figure represents the biggest volume increase (EUR 68 bn year on year ) ever recorded.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
