Finland's Citycon has reached an agreement with Swedish construction company Skanska to build a new retail centre in the Tampere region of Finland. The retail centre's leasable area totals around 12,000 m2, of which approximately half will be leased to discount store chain Tokmanni.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
