German asset manager KanAm Grund Group has purchased a fully-let office and retail building in the 9th arrondissement of Paris on behalf of an institutional investor.
German asset manager KanAm Grund Group has purchased a fully-let office and retail building in the 9th arrondissement of Paris on behalf of an institutional investor.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.