Spanish builder Pro-Urba Polska is planning to develop two mixed-use towers in Warsaw with a combined space of 80,000 m[sup]2[/sup]. Pro-Urba Polska, a company owned by Spanish Grupo Proconsol and Urbanizadora XXI, bought the site from Polish developer Budbaum. It aims to build two towers measuring 63 and 126 metres respectively on the site.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
