German insurer Allianz Real Estate has purchased an office development in Munich from Frankfurt-based developer OFB Projektentwicklungs for an undisclosed sum.
German insurer Allianz Real Estate has purchased an office development in Munich from Frankfurt-based developer OFB Projektentwicklungs for an undisclosed sum.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.