A South Korean consortium comprising fund manager IGIS Asset Management and investor Hana Financial Investment has purchased Trianon, a 45-storey skyscraper in Frankfurt, for €670 mln from NorthStar Realty Europe.
A South Korean consortium comprising fund manager IGIS Asset Management and investor Hana Financial Investment has purchased Trianon, a 45-storey skyscraper in Frankfurt, for €670 mln from NorthStar Realty Europe.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.