Dutch listed retail property fund Vastned Retail has confirmed it has received non-binding indications of interest from a number of potential bidders. The company said it will assess the interest shown and decide which of the parties will be given access to its data room to carry out due diligence. The data room is expected to be available from 14 December.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.
