German investor Real IS has sold the Georgstor office building in Hamburg to global investor and developer Hines for a figure believed to be circa €115 mln.
German investor Real IS has sold the Georgstor office building in Hamburg to global investor and developer Hines for a figure believed to be circa €115 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.