US real estate investment manager Heitman has acquired a residential asset located in the growing Prenzlauer Berg district of Berlin, and a seven-property portfolio located across Southern Germany for €31 mln.
US real estate investment manager Heitman has acquired a residential asset located in the growing Prenzlauer Berg district of Berlin, and a seven-property portfolio located across Southern Germany for €31 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.