Austrian listed property firm CA Immo has signed and closed the acquisition of ‘Pohlstrasse 20’, a modern office building located in the prime Potsdamer Platz submarket in central Berlin, in an off market deal worth just over €47 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
