Frankfurt-listed investor Patrizia Immobilien has acquired a portfolio of logistics properties spread across three locations in the Netherlands from DHG, the Rotterdam-based real estate investor and developer, for €130.8 mln on behalf of Patrizia Logistik-Invest Europa II.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
