Global real estate investment manager LaSalle Investment Management has acquired Westend Yards in Munich from PGIM Real Estate on behalf of its pan-European core Encore+ fund for €134 mln.
Global real estate investment manager LaSalle Investment Management has acquired Westend Yards in Munich from PGIM Real Estate on behalf of its pan-European core Encore+ fund for €134 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.