26jul'22

Vabeld acquires 5 city center units in Western Flanders.

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Vabeld bought 5 properties in 5 separate transactions in the northern part of Western Flanders.

In Ostend, 2 adjacent stores in the Vlaanderenstraat were purchased. We will seek to change the use of at least one unit to leisure ( horeca).

In Bruges, 2 smaller assets were purchased on or in the immediate vicinity of the Markt, one retail and one leisure.

Finally, in Knokke, an agreement was signed for the acquisition of a restaurant near the casino.

It shows that Vabeld is still actively expanding its holdings in high footfall locations that have potential both for retail and leisure.

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