Skanska is developing and selling a combined office and residential project in Hammarby Sjöstad in Stockholm. The total price tag amounts to about SEK 450 mln (EUR 48 mln). Developed by Skanska Sweden, the project consists of a residential building with 80 apartments and a 6,000-m[sup]2[/sup] office building. These are being acquired by Familjebostäder, which will move its head office to part of the office building.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
