Amsterdam,
25
November
2019
|
14:26
Europe/Amsterdam

Shopping centre ‘t Nieuwe Erf in Lunteren is sold

Orange Capital Partners has sold ‘t Nieuwe Erf shopping centre in the city centre of Lunteren. The centre contains 2,100 sq. m., divided into 7 units. There is a full service supermarket, the COOP, and a number of local entrepreneurs, including a butcher and greengrocer.

Casper Vernooij, Partner at Orange Capital Partners: “After three years of active management we have leased up the vacancy and resolved all the backlog maintenance in the shopping centre. Due to the fact there is no more value add potential in the asset it was the right moment for us to sell the asset and materialize the profits for our investor.”

Lodewijk Buijs, Director Retail at CBRE: “With this transaction, the strong position of convenience retail is once again confirmed. 'T Nieuwe Erf has a good location in the heart of Lunteren, and is fully let to tenants who fit well within the residents profile and specific location. Investments in such retail real estate have a low risk and provide a stable return, safeguarding a lot of interest.”

'T Nieuwe Erf is part of a larger portfolio of convenience-driven shopping centers, which Orange Capital Partners, together with CBRE, is currently marketing. The sale of 't Nieuwe Erf marks the start of the sale of this portfolio, which is expected to be followed by several sales in the short term.

The buyer was legally advised by Van Velten. The seller was legally assisted by Loyens & Loeff and advised commercially by CBRE.

About CBRE

CBRE Group, Inc. (NYSE:CBRE), een Fortune 500- en S&P 500-bedrijf met het hoofdkantoor in Los Angeles, is 's werelds grootste advies- en beleggingsbureau voor commercieel vastgoed (in termen van de omzet in 2018). De organisatie heeft meer dan 90.000 medewerkers (exclusief bijkantoren) en adviseert eigenaren, beleggers en gebruikers van vastgoed vanuit meer dan 480 kantoren (exclusief bijkantoren) wereldwijd. CBRE biedt strategisch advies en begeleiding bij de aan- en verkoop en aan- en verhuur van vastgoed, corporate services, property-, facility en project management, taxaties, (her)ontwikkeling, investment management en research & consulting. Bezoek onze websites www.cbre.nl en www.cbre.com.