UBS Asset Management's Real Estate & Private Markets (REPM) business has acquired the Turmcenter office asset in Frankfurt for €155 mln from Benson Elliot.
UBS Asset Management's Real Estate & Private Markets (REPM) business has acquired the Turmcenter office asset in Frankfurt for €155 mln from Benson Elliot.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.