20jun'24

New acquisitions in Western Flanders

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Vabeld reported in 2022 that it acquired a number of properties in the northern part of Western Flanders. In 2024, three more properties were bought in this area with possibly more underway.

The focus on Bruges remains intact with an acquisition on the historic ‘Markt’ , on the corner with the Vlamingstraat. Vabeld won a public auction and immediately relet the property to a local retailer.

In addition, 2 rented properties were purchased in the Steenstraat, the main Bruges shopping street. Finally, another property was added to the portfolio in the Vlaanderenstraat in Ostend, located on the corner with the Langestraat.

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