PGIM Real Estate has acquired an office building in Paris on behalf of its pan-European discretionary value-add fund, from a German closed-ended fund managed by GLL Real Estate Partners, a member of Macquarie Group.
PGIM Real Estate has acquired an office building in Paris on behalf of its pan-European discretionary value-add fund, from a German closed-ended fund managed by GLL Real Estate Partners, a member of Macquarie Group.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.