Morgan Stanley Real Estate Funds (MSREF) has put the Sony Center in Berlin up for sale, according to a report in Financial Times Deutschland. BNP Paribas Real Estate has been commissioned to market the property, which Morgan Stanley acquired from electronics giant Sony at the beginning of 2008 for a reported sum of around EUR 600 mln.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
