AXA Investment Managers - Real Assets (AXA IMRA) has completed the acquisition of a joint-controlling stake in the Paunsdorf shopping centre in the German city of Leipzig, for €132.5 mln.
AXA Investment Managers - Real Assets (AXA IMRA) has completed the acquisition of a joint-controlling stake in the Paunsdorf shopping centre in the German city of Leipzig, for €132.5 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.