Sale of German asset
At the beginning of 2020, Vabeld has sold its only asset in Germany. Vabeld developed a manufacturing and logistics center for the Joris Ide company in Ansbach in 2012-2013. The project involved the purchase of 10 hectares of land and the construction of 2 individual warehouses.
With the acquisition of the company Joris Ide by Kingspan, market leader in insulation panels, the tenant’s real estate strategy changed as Kingspan prefers to own their premises and a sale purchase agreement was reached.
Opening Aparthotel in Liverpool!
The project of 100 serviced apartments in Church Street 58-72 as announced on this website in November 2018 is finished!
Two hotel acquisitions in Flanders.
In the first half of this year, Vabeld acquired two more hotels in Flanders. It bought the Martin’s Relais in Bruges, a **** hotel with 44 rooms located by the idyllic Speigelrei and the Court Saint George in Ghent, a *** 29 room hotel very centrally located at the Hoogpoort near city Hall. The Vendor was an institutional French fund.
KFC opens first restaurant in Wallonia in Vabeld property
Vabeld is proud to announce that the first KFC (Kentucky Fried Chicken) in Wallonie will open in Liège, Place de l’opéra in a property owned by Vabeld in September. Works are already well underway.
We would like to hear from you. Feel free to contact us.
In light of our continuous growth, your retail asset(s), whether located in Belgium or elsewhere might be of interest to us. Are you considering selling commercial real estate or do you know someone who wishes to do so, do not hesitate to contact us, with no obligation on your part. We do not act as a broker and discretion can be guaranteed. If you are interested in one of our properties for sale or for rent, do not hesitate to phone or e-mail us.