West Country-based Rok Development is planning a £30 mln (EUR 45.5 mln) business park in Clevedon, south-west of England. The construction company has submitted planning permission to North Somerset council to build a park on a 20-acre site at Kenn Road, opposite the Kenn Business Park.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
