Real IS, the property investment arm of German lender, BayernLB, has made its first acquisition for the special real estate alternative investment fund (AIF) Modern Living.
Real IS, the property investment arm of German lender, BayernLB, has made its first acquisition for the special real estate alternative investment fund (AIF) Modern Living.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.