Advisor Savills has launched the sale of Eastgate House in Cardiff for offers in excess of £12 mln (€14 mln). The sale price represents a net initial yield of 9.69% representing a low capital value of £127 per sq ft.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
