Garbe Industrial Real Estate has acquired a former industrial site in Gera, in the German state of Thuringia, to build a 28,000 m2 logistics and commercial property.
Garbe Industrial Real Estate has acquired a former industrial site in Gera, in the German state of Thuringia, to build a 28,000 m2 logistics and commercial property.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.