10 Oct 2019
The Bouwinvest Retail Fund has agreed a new lease contract with Trendhopper in Het Eiland shopping centre in Zwolle, 100 km east of Amsterdam, for a total of 1,100 sqm of retail space. The store will be Trendhopper’s first inner-city store in the Netherlands, and will comprise more than 100 sqm on the ground floor and 1,000 sqm on the first floor.
The addition of Trendhopper strengthens the range of retail stores already present at Het Eiland shopping centre and which include Speeleiland, Bever, Perry Sport, Siebel, Toff Kids, ByOni, Appel & Egg, CNTP-Store, Kaldi and Comfort Bodywear. The Bouwinvest Retail Fund is in talks with a number of candidates to rent out the last available units.
The Bouwinvest Retail Fund is an investment vehicle that is open to institutional investors. The fund focuses on the best highstreets and local convenience shopping centres. At the end of 2018, the invested capital totalled € 1 billion while the total return came to 7.0%. The vehicle is one of the most sustainable Dutch retail funds, with a GRESB rating of 4 stars.