German landlord LEG has acquired a portfolio of around 2,200 residential units and 30 commercial units in Bremen, Oldenburg, Delmenhorst and Cuxhaven from the Hanover-based Baum Group.
German landlord LEG has acquired a portfolio of around 2,200 residential units and 30 commercial units in Bremen, Oldenburg, Delmenhorst and Cuxhaven from the Hanover-based Baum Group.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.