Allianz Real Estate, acting on behalf of several Allianz group companies, and VGP, a European provider of logistics and semi-industrial real estate, have agreed to form a new 50/50 joint venture.
Allianz Real Estate, acting on behalf of several Allianz group companies, and VGP, a European provider of logistics and semi-industrial real estate, have agreed to form a new 50/50 joint venture.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.