15jul'16

Two new acquisitions in Belgium

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The last few weeks Vabeld has successfully acquired two properties in cities where Vabeld  was actively looking for opportunities.

 

Antwerp: Vabeld acquired the property situated on the corner of the  De Keyserlei (43) and Breydelstraat (30)  in Antwerp. The building consists of a ground floor area of over 200 sqm. The property will, after obtaining the necessary permits, be redeveloped into a commercial ground floor with apartments above. Negotiations with a prospective tenant for the trading floor are in an advanced stage.

 

Bruges: Vabeld is the new owner of the property located in Bruges’ high street called Steenstraat number 14. The property has a surface area of 96 sqm on the ground floor and was until recently let to ‘Planet Yogurt “. The lease was terminated amicably and a new tenant, “La Maison du Savon de Marseille ‘, starts trading on July 15. This will be the fourth shop for this new tenant, with other stores located in Brussels and Liège.

 

On Bruges’ famous market square, the Post office has vacated the premises and the keys were delivered  to the new tenant, Sissy Boy, who has started fitting out this monumental building

30may'16

‘ Green light ‘ for the redevelopment of the EuroShop site in Sint-Niklaas (Belgium).

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Vabeld got the license for the redevelopment and expansion of the Euro Shop site Puitvoetstraat and Kapelstraat, facing Waasland Shopping in Sint-Niklaas (Belgium). The plan includes partial demolition and reconstruction of the existing buildings to a net sales surface of 7,600 m² combined with a new building for Albert Heijn (1,650 m²) and sitting tenant Brantano (750 m²).

04may'16

Vabeld in the Belgian press (Markt 5 , Bruges).

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06may'16

Vabeld acquired New Barratt House in Liverpool.

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Vabeld acquired New Barratt House in Liverpool on the corner of Lord Street and North John Street. It is a mixed building with retail tenants including Santander, Greggs, Subway, Pound Bakery and Wilkinson Cameras while the main office tenant is LILA, the Liverpool International Language Academy. Also included are a number of outdoor parking spaces which might offer a mid to long term development opportunity. This constitutes Vabeld’s fifth acquisition on Lord Street, resulting in a continuous ownership from North John Street to BHS.


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.