Amsterdam,
01
March
2016
|
13:47
Europe/Amsterdam

Plaza West Haarlem acquires shopping centre and development site in Haarlem West

Plaza West Haarlem B.V., a private partnership, has acquired a land position of 5 hectares with approximately 10,000 sq m existing retail and a development potential of more than 600 apartments in Haarlem West. Selling party is Westgracht Vastgoed. Plaza West Haarlem wil realize 542 apartments, 3,500 sq m and accompanying parking space here (Menno Simonszweg). The existing retail building will be expanded with Fit For Free and Monkey Town which will open their doors on the 1st of April. In addition, 63 studios will be developed on a short notice in, respectively on, the existing retail building. At the moment Albert Heijn, Aldi, Gall & Gall, Etos and Action are established at the location.The apartments will be developed in phases, spread over 6 buildings. Financier NIBC has provided the funding for the acquisition.

CBRE has played an important role in attracting the funding and accompanied the buyer through the funding process. CBRE is also attracted as selling consultant on behalf of Plaza West Haarlem B.V. Boekel was involved as fiscal advisor. NIBC was advised by Houthoff Buruma and Westgracht Vastgoed by Baker & McKenzie.

About CBRE

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2017 revenue). The company has more than 80,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers from more than 450 offices (excluding affiliates) worldwide. CBRE offers strategic advice and guidance in property sales and leasing; corporate services; property, facilities and project management; appraisal and valuation; development services; investment management; and research and consulting. Please visit our websites at www.cbre.nl and www.cbre.com.