Acciona has been awarded a EUR 7.2 mln contract for the first phase construction of an exhibition centre in Cuenca, near Madrid. In a statement, the company said its Acciona Infraestructuras subsidiary will construct a multi-purpose 3,702 m[sup]2[/sup] glass and steel pavilion, with completion expected in seven months.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
