PropertyEU

DIC gets hefty discount for stake in Morgan Stanley portfolio

By A staff reporter 2011-10-20T00:00:00

Frankfurt-based property group DIC Asset has acquired the remaining 50% stake in three joint ventures in the segments core-plus and value added that were formerly held together with Morgan Stanley funds. However, while the stake has a market value of EUR 95 mln, according to DIC, the group is believed ...

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