German listed property firm Patrizia Immobilien has made its first foray in the Italian property market with the acquisition of an office building at Via Pergolesi 25 in Milan for nearly €37 mln.
German listed property firm Patrizia Immobilien has made its first foray in the Italian property market with the acquisition of an office building at Via Pergolesi 25 in Milan for nearly €37 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.