CLS has exchanged contracts to acquire a portfolio of three office buildings in Düsseldorf, Berlin and Hamburg for €89.7 mln, excluding costs, from Commodus Real Estate.
CLS has exchanged contracts to acquire a portfolio of three office buildings in Düsseldorf, Berlin and Hamburg for €89.7 mln, excluding costs, from Commodus Real Estate.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.