Hahn Group has started selling share in its closed-end Pluswertfonds 144 fund to private investors. The investment specialist for large-scale retail properties said the fund comprises a 5,280 m[sup]2[/sup] property that houses a superstore and a retail warehouse in the southern German city of Ravensburg. The tenants of the fully let property are supermarket group Edeka Group and electronics chain Mega Company.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
