AIM-listed Raven Russia said that is has signed a EUR 49mln construction facility agreement with German bank HSH Nordbank. The facility will be used to finance the first phase comprising some 110,000 m[sup]2[/sup] of the 275,000 m[sup]2[/sup] Noginsk logistics project in Eastern Moscow.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
