Renewed activity across Europe’s luxury market saw store openings increase by 77% last year, as the continent welcomed back international visitors and saw a strong recovery in luxury spend, according to new data from Savills.
Renewed activity across Europe’s luxury market saw store openings increase by 77% last year, as the continent welcomed back international visitors and saw a strong recovery in luxury spend, according to new data from Savills.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.