Residential property specialist Grand City Properties, which invests in value-add opportunities in urban areas in Germany, has successfully completed a €198 mln capital increase.
Residential property specialist Grand City Properties, which invests in value-add opportunities in urban areas in Germany, has successfully completed a €198 mln capital increase.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.