London, 23rd March, 2015 – MStar Europe, the joint venture set up by M7 Real Estate and Starwood Capital Group’s Starwood Global Opportunity Fund X (SOF X) to invest in high-yielding, multi-let assets in Continental Europe, announced today that it has agreed to acquire or has completed the purchase of 17 properties in Germany and the Netherlands. The assets were acquired from multiple owners and have a total combined purchase price of €74.5 million.