Outlet specialist McArthurGlen and international fund manager Henderson Global Investors have announced the opening of the second phase of Designer Outlet Berlin, with nearly 10,900 m[sup]2[/sup] of leasable space, of which 8,000 m[sup]2[/sup] is retail. This second phase almost doubles the size of the centre, bringing the total retail space to 16,500 m[sup]2[/sup] with 80 stores.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
