US private equity group Blackstone in partnership with Magic Real Estate has closed the purchase of the real estate platform of Spain's state-owned bank CatalunyaCaixa for less than €40 mln.
US private equity group Blackstone in partnership with Magic Real Estate has closed the purchase of the real estate platform of Spain's state-owned bank CatalunyaCaixa for less than €40 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.