The Investika open real estate fund has made its first retail property acquisition with the purchase of the Galerie Butovice shopping centre in Prague from Cromwell Property Group for an undisclosed amount.
The Investika open real estate fund has made its first retail property acquisition with the purchase of the Galerie Butovice shopping centre in Prague from Cromwell Property Group for an undisclosed amount.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.