ING Real Estate Investment Management has added to its French commercial portfolio through the EUR 50 million acquisition of the Marques Avenue Romans factory outlet for its Retail Property Fund France Belgium. The 11,850 m[sup]2[/sup] scheme consists of two fully let units and almost 500 parking spaces in the centre of Romans, southeast of Lyons.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
