GE Real Estate Central & Eastern Europe and Istanbul-based conglomerate Dogus Holdings have acquired a 50.98% stake in the Garanti REIT for EUR 37.5 mln.
GE Real Estate Central & Eastern Europe and Istanbul-based conglomerate Dogus Holdings have acquired a 50.98% stake in the Garanti REIT for EUR 37.5 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.