Hamburg-based Warburg-Henderson KAG has bought three properties in the German cities of Duesseldorf and Hamburg for a combined value of EUR 52 mln. In Duesseldorf, the company has purchased an office building of 9,670 m[sup]2[/sup] leased to London-based group KPMG.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
