Henderson Global Investors has said its EUR 1bn European retail shopping centre fund, Herald, has completed the sale of the Hurdle portfolio for EUR 85mln to a private Dutch property company. The portfolio comprises five retail parks located in the Dutch cities of Assen, Drachten, Emmeloord, with two in Emmen. The assets are multi-let with over 100,000 m[sup]2[/sup] of gross retailing space. Tenants include Praxis, Leen Bakker and Kwantum. The transaction reflects a triple net yield of 6.2%.
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