Raven Russia, the only UK-listed property company focused entirely on investment in industrial property in Russia, has signed a EUR 20 mln joint venture agreement with Aldama (Overseas) to develop a 32,500 m[sup]2[/sup] logistics and office centre in Russia.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
