Finnish developer YIT Group has started work on two care facilities in Espoo and Tampere, worth a total of €13 mln, as part of its agreement with Swedish property investor Hemsö Fastighets to construct nine care facilities across Finland worth a total of €75 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
