After indications at the end of 2019 that the average prime yield on UK commercial property could move out to a point comparable to that seen in May 2014, strong bidding activity in the first four weeks of 2020 implies that yields are set to harden once more, according to broker Savills.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
