Munich-based Aurelius Holding has acquired five hotel properties in Germany for its subsidiary Ghotel for an undisclosed price. The seller is the German housing group Deutsche Annington.
Munich-based Aurelius Holding has acquired five hotel properties in Germany for its subsidiary Ghotel for an undisclosed price. The seller is the German housing group Deutsche Annington.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.