Real IS, the property arm of German lender BayernLB, has acquired an office property in Paris for €46 mln from France’s Les Républicains party in a sale-and-leaseback-deal.
Real IS, the property arm of German lender BayernLB, has acquired an office property in Paris for €46 mln from France’s Les Républicains party in a sale-and-leaseback-deal.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.