German senior housing and care home developer Carestone Group has sold nine senior living properties in five German regions for €168 mln to an unnamed international investor.
German senior housing and care home developer Carestone Group has sold nine senior living properties in five German regions for €168 mln to an unnamed international investor.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.