Austrian listed property firm Immofinanz has acquired a fully rented portfolio with 53 properties in four CEE markets for €324.2 mln from its majority shareholder CPIPG.
Austrian listed property firm Immofinanz has acquired a fully rented portfolio with 53 properties in four CEE markets for €324.2 mln from its majority shareholder CPIPG.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.