US developer-investor Hines announced on Friday that Hines Global Income Trust has acquired City Central Coventry, a 400,000-sq ft (37,160 m2) urban logistics park located in the UK’s ‘Golden Triangle’. Financial details were kept confidential.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
