French shopping centre owner and developer Frey has acquired two shopping centres in Portugal from Iberia Coop, a fund owned 10% by Sonae Sierra and 90% by international investors.
French shopping centre owner and developer Frey has acquired two shopping centres in Portugal from Iberia Coop, a fund owned 10% by Sonae Sierra and 90% by international investors.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.