KGAL Investment Management has announced the acquisition of a major residential portfolio in Leipzig, Germany, for its KGAL Wohnen Core 3 fund. Financial details were not disclosed.
KGAL Investment Management has announced the acquisition of a major residential portfolio in Leipzig, Germany, for its KGAL Wohnen Core 3 fund. Financial details were not disclosed.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.