PropertyEU

Morgan Stanley buys Hamburg portfolio for EUR 750m

By A staff reporter 2007-07-27T00:00:00

US investment bank Morgan Stanley has acquired a portfolio of assets in the northern German city of Hamburg from developer Quantum, according to a report in Immobilien Zeitung. The portfolio comprises 11 objects including new developments with a total surface area of 215,000 m[sup]2[/sup].

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