Bouwinvest sells shopping centers Het Eiland Zwolle and De Promesse Lelystad

The Bouwinvest Retail Fund has sold two shopping centers, Het Eiland Zwolle and De Promesse Lelystad, to a private investor.

Het Eiland has a total floor area of approximately 6,800 m² divided across 16 units. The largest tenants are Trendhopper City Store, Het Speeleiland and Bever.

De Promesse is located in the city center of Lelystad. The property has a total floor area of 15,000 m² divided into approximately 35 units with tenants such as HEMA, New Yorker and Kruidvat, as well as a library.

The main focus of the Fund’s high street retail portfolio is on individual shops or clusters of stores in retail units located in prime shopping areas in major Dutch city centres that have retained their market share and will do so in the future.

The seller was advised commercially by CBRE and legally by De Brauw Blackstone Westbroek. The buyer was advised commercially by Van Gool Elburg Real Estate Specialists and legally by HartmanLMH and Fort Advocaten.