Germany's Union Investment said on Wednesday that it is buying the massive Y-Towers development in the north of Amsterdam from developers IES Immobilien and Invester United Benefits for an undisclosed amount.
Germany's Union Investment said on Wednesday that it is buying the massive Y-Towers development in the north of Amsterdam from developers IES Immobilien and Invester United Benefits for an undisclosed amount.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.