The PCP European RE Fund I, managed by Swiss real estate investor Propreal Capital Partners, has acquired two fully-let prime office buildings totalling 12,000 m2 from the Zurich insurance group.
The PCP European RE Fund I, managed by Swiss real estate investor Propreal Capital Partners, has acquired two fully-let prime office buildings totalling 12,000 m2 from the Zurich insurance group.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.