Henderson disposes of retail park in Belgium

The EUR 930 mln Henderson European Retail Property Fund (Herald ) has completed the sale of Hedera Retail Park in Roeselare, Belgium, to Retail Estates NV for EUR 10 mln. The asset, which comprises 7,174 m[sup]2[/sup] of retail space and whose biggest tenant is Decathlon, was sold for an amount 15% above the December 2009 valuation and reflects an initial yield of 7%.

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