Union Investment has acquired off-market a local retail park in Ludwigsburg, about 12 km north of Stuttgart in Germany on behalf of its UII Germany institutional fund.
Union Investment has acquired off-market a local retail park in Ludwigsburg, about 12 km north of Stuttgart in Germany on behalf of its UII Germany institutional fund.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.