Frankfurt-listed Patrizia Immobilien has sold two Holiday Inn hotel properties in Essen and Neu-Isenburg on behalf of its special fund Patrizia Hotel-Invest Deutschland I.
Frankfurt-listed Patrizia Immobilien has sold two Holiday Inn hotel properties in Essen and Neu-Isenburg on behalf of its special fund Patrizia Hotel-Invest Deutschland I.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.