German project developer Gerchgroup has acquired the former police headquarters in Frankfurt from the federal state of Hesse for a price of €212.5 mln.
German project developer Gerchgroup has acquired the former police headquarters in Frankfurt from the federal state of Hesse for a price of €212.5 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.