German fund manager Union Investment has acquired a speculative forward funding logistics portfolio in the Netherlands with a total lettable area of around 83,000 m2 from Stellar Development.
German fund manager Union Investment has acquired a speculative forward funding logistics portfolio in the Netherlands with a total lettable area of around 83,000 m2 from Stellar Development.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.