London emerged as the number one city globally for cross-border office investment in H1, with £3.2 bn (€3.5 bn) invested in the period, ahead of Paris (£2.8 bn) and Manhattan (£1.7 bn), research from Knight Frank reveals.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
