Swedwood Group, Ikea's wholly-owned industrial unit, inaugurated its first industrial complex on the Iberian peninsula on Friday. The project in Paços de Ferreira in northern Portugal involves an investment of more than EUR 135mln and has created around 550 jobs.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
