Allianz Real Estate has acquired a new office development in Berlin from developer Edge Technologies in a forward deal for a joint venture between several Allianz group entities and Universal-Investment, acting on behalf of German pension fund Bayerische Versorgungskammer (BVK).
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
