Central and Eastern European property specialist Immofinanz has received approval from its supervisory board to enter into negotiations with its core shareholder CPI Property Group (CPIPG) for the acquisition of shares in its peer S Immo.
Central and Eastern European property specialist Immofinanz has received approval from its supervisory board to enter into negotiations with its core shareholder CPI Property Group (CPIPG) for the acquisition of shares in its peer S Immo.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.