Schroder Real Estate has acquired an eight-storey office building in Paris for €130m on behalf of pan-European Swiss Fund Immobilien Europa Direkt (IED), an investment group of Zurich Investment Foundation.
Schroder Real Estate has acquired an eight-storey office building in Paris for €130m on behalf of pan-European Swiss Fund Immobilien Europa Direkt (IED), an investment group of Zurich Investment Foundation.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.