A consortium of private Dutch investment companies has acquired the Piazza shopping centre in the Dutch city of Eindhoven from Unibail-Rodamco. The buyers did not reveal the actual investment volume but they said it was the largest retail property transaction so far this year in the Netherlands.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
