Munich-based closed-end fund manager Real IS has acquired the Neue Mitte Karlsfeld retail park in Karlsfeld near Munich for its Southern Germany Regional Fund from developer Investa Projektentwicklungs- und Verwaltungs.
Munich-based closed-end fund manager Real IS has acquired the Neue Mitte Karlsfeld retail park in Karlsfeld near Munich for its Southern Germany Regional Fund from developer Investa Projektentwicklungs- und Verwaltungs.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.