Munich-based investment manager Catella Real Estate AG (CREAG) has acquired an office development in Luxembourg for the Sarasin Sustainable Properties - European Cities Fund (SSP) for around €52 mln from Lafayette.
Munich-based investment manager Catella Real Estate AG (CREAG) has acquired an office development in Luxembourg for the Sarasin Sustainable Properties - European Cities Fund (SSP) for around €52 mln from Lafayette.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.