French listed property group Covivio has announced the acquisition of a residential portfolio with more than 640 units located in the most dynamic districts of Berlin, from the Berlin based investment company Nox Capital, for a total of €154 mln.
French listed property group Covivio has announced the acquisition of a residential portfolio with more than 640 units located in the most dynamic districts of Berlin, from the Berlin based investment company Nox Capital, for a total of €154 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.