Germany-based Commerz Grundbesitz-Spezialfondsgesellschaft (CGS), a subsidiary of Commerz Grundbesitz Group (CGG), has signed the deed for the logistics property Toussieu 2 in Lyon, France, the company announced Thursday.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
