German listed residential firm Adler Real Estate has announced plans to acquire a stake of up to 70% in the €1.6 bn Tel Aviv-listed German-focused Brack Capital Properties (BCP) for €540 mln.
German listed residential firm Adler Real Estate has announced plans to acquire a stake of up to 70% in the €1.6 bn Tel Aviv-listed German-focused Brack Capital Properties (BCP) for €540 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.