Commerz Grundbesitz Group (CGG) continues its international expansion by opening offices in Paris and Amsterdam. In France and the Netherlands, CGG already manages a real estate portfolio worth about EUR 4 bn. Altogether, the groups manages real estate assets valued at EUR 12 bn.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
