German investor Commerz Real has announced the sale of the Machtlfinger Höfe office complex in Munich-Obersendling to Conren Land, acting on behalf of one of its clients.
German investor Commerz Real has announced the sale of the Machtlfinger Höfe office complex in Munich-Obersendling to Conren Land, acting on behalf of one of its clients.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.