Fire-safety officers have shut down Ikea's new furniture retail mega mall in provincial Russian city of Nizjni Novgorod for 30 days. As a result the Ikea store that opened less than a month ago and the 150 shops attached to it will miss out on the lucrative Christmas season.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
