German fund manager Union Investment has acquired a 63,000 m2 logistics centre currently under construction in Monsheim near Worms, in Rhineland-Palatinate, Germany, for an undisclosed amount.
German fund manager Union Investment has acquired a 63,000 m2 logistics centre currently under construction in Monsheim near Worms, in Rhineland-Palatinate, Germany, for an undisclosed amount.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.