Spanish property group Prasa has acquired a 3% stake in peer Metrovacesa at EUR 95 per share from Metrovacesa's chairman Joaquin Rivero and board member Bautista Soler, Spanish newspaper Cinco Dias has reported.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
