German listed property landlord TLG Immobilien said on Monday that it has acquired the Office 3001 scheme in the Altona district of Hamburg for a total investment of €59.5 mln, reflecting a rental yield of 6.1%.
German listed property landlord TLG Immobilien said on Monday that it has acquired the Office 3001 scheme in the Altona district of Hamburg for a total investment of €59.5 mln, reflecting a rental yield of 6.1%.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.