German fund manager Deka Immobilien has acquired an office development in Berlin in a deal believed to be worth as much as €270 mln, according to a report in Thomas Daily.
German fund manager Deka Immobilien has acquired an office development in Berlin in a deal believed to be worth as much as €270 mln, according to a report in Thomas Daily.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.