Skanska is to invest SEK 250 mln (EUR 27.6 mln) in a new court of appeal building in the Universitetsholmen development in Malmo. The Swedish construction giant and the National Courtsd Administration have signed a 20-yearleasing agreement, Skanska announced on Monday. Universitetsholmen is the largest of the two development areas for the new Malmö University.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
