Henderson Global Investors' EUR 850 mln pan-European retail property fund, Herald has acquired the Centre Sud shopping centre, Le Mans, France from ING Retail Property Fund France Belgium (RPFFB), a commercial investment fund managed by ING Reim, for EUR 64.4 mln.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
