Amsterdam,
15
January
2016
|
11:22
Europe/Amsterdam

ASR sells shopping centre de Klanderij in Enschede

Union Investment has purchased shopping centre De Klanderij in Enschede from ASR Dutch Prime Retail Fund for UII Shopping Nr. 1, her institutional open end fund for shopping centres. De Klanderij in Enschede comprises of approx. 20,000 sq m divided over 54 stores (van Heekplein). In 2014 the mall received a BREEAM NL Very Good certificate.

Het UII Shopping Nr. 1 exists of seven objects in Belgium, Germany, France, Poland and The Netherlands with a total volume of € 470 mln. De Klanderij is fully leased.

The transaction was accompanied by The McDevitt Company. CBRE advised ASR Dutch Prime Retail Fund. Houthoff Buruma was involved as fiscal advisor and Loyens&Loeff advised Union Investment.

About CBRE

CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.