German investment firm Patrizia Immobilien has purchased a portfolio of more than 800 residential assets spread across Germany from European real estate private equity firm Peakside Capital for around €90 mln.
German investment firm Patrizia Immobilien has purchased a portfolio of more than 800 residential assets spread across Germany from European real estate private equity firm Peakside Capital for around €90 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.