Asset manager Ares Management has completed the acquisition of a portfolio of seven office properties located in major cities in Germany, the Netherlands, Austria and Finland, through funds managed by its real estate group.
Asset manager Ares Management has completed the acquisition of a portfolio of seven office properties located in major cities in Germany, the Netherlands, Austria and Finland, through funds managed by its real estate group.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.