Schiphol, the Netherlands, 2014-12-18 07:52 CET (GLOBE NEWSWIRE) --
Wereldhave Belgium has signed a purchase agreement for the acquisition of the leasehold of
22.000 m² of shopping centre Kortrijk Ring in Kortrijk, Belgium, to become the single owner of the centre. On August 22, 2014, Wereldhave already acquired 11.000 m² of the shopping centre from Redevco. The latest transaction brings the total acquisition price for the entire centre to € 108.1 m, including transaction costs, reflecting a net initial yield of 6.1 %.
Information for the press:
Richard W. Beentjes
E richard.beentjes@wereldhave.com
T + 31 20 702 78 33
Information for analysts:
Jaap-Jan Fit
E jaapjan.fit@wereldhave.com
T + 31 20 702 78 43