Episo 4, an opportunistic fund advised by pan-European real estate investment manager Tristan Capital Partners, has sold the 14,336 m2 Werfthaus office building in the Westhafen sub-market of Frankfurt for €114 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
