IVG Institutional Funds has acquired the new office development Edificio J in Milan for EUR 27mln from a Milanese developer. Savills acted for the vendor.
IVG Institutional Funds has acquired the new office development Edificio J in Milan for EUR 27mln from a Milanese developer. Savills acted for the vendor.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.