Hungarian resi developer Cordia has taken a majority stake in Polish listed peer Polnord effectively gaining control of a 1 million m2 of building rights in the country.
Hungarian resi developer Cordia has taken a majority stake in Polish listed peer Polnord effectively gaining control of a 1 million m2 of building rights in the country.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.