German institutional investor Deka Immobilien has bought two neighbouring properties in Stuttgart from property vehicle Office One, a subsidiary of Stuttgart-based developer Bülow.
German institutional investor Deka Immobilien has bought two neighbouring properties in Stuttgart from property vehicle Office One, a subsidiary of Stuttgart-based developer Bülow.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.