Deka Immobilien has exchanged contracts to buy a 38,000-m2 office building in Geneva under a sale and leaseback arrangement with the private bank Pictet & Cie SA.
Deka Immobilien has exchanged contracts to buy a 38,000-m2 office building in Geneva under a sale and leaseback arrangement with the private bank Pictet & Cie SA.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.