Luis Portillo, president of Colonial and Inmoracal, has said the merger of the two Spain-based companies should be completed by the first quarter of 2007 or the beginning of the second.
Luis Portillo, president of Colonial and Inmoracal, has said the merger of the two Spain-based companies should be completed by the first quarter of 2007 or the beginning of the second.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.