Pan-European fund manager Aerium has acquired BBW, an office-led asset in the Westend district of Frankfurt, from Aurec Real Estate Europe for €140 mln.
Pan-European fund manager Aerium has acquired BBW, an office-led asset in the Westend district of Frankfurt, from Aurec Real Estate Europe for €140 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.