UK investment manager M&G Real Estate has acquired the Holiday Inn Express hotel located in Amsterdam’s Sloterdijk district from Invesco Real Estate for €42.8 mln.
UK investment manager M&G Real Estate has acquired the Holiday Inn Express hotel located in Amsterdam’s Sloterdijk district from Invesco Real Estate for €42.8 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.