H&M tekent twee lange-termijn huurovereenkomsten met CBRE Global Investors
(originele tekst Engelstalig persbericht)
Hennes & Mauritz (“H&M”) has chosen two assets managed by CBRE Global Investors to open its largest store in Europe and the largest store in the southern part of the Netherlands.
De Koopgoot, Rotterdam’s main shopping centre will house H&M’s largest shop in Europe. This will be a flagship store, where they will sell several collections and brands (H&M, Monki, Weekday).
The store will cover three floors; the existing store at De Koopgoot level, extended to the ground floor and first floor. With this lease De Koopgoot has found a sustainable, long term tenant for its underused passage space that will strengthen the eastern part of the shopping mall.
The long-term lease agreement comprises approximately 6,250 sqm GLA, and the opening of the shop is scheduled for October 2014.
In the Heuvel Galerie shopping mall in Eindhoven, H&M will extend its store from 2,000 sqm to 3,300 sqm, which will make it the largest store in the southern part of the Netherlands. The extension comprises the lower floor of the shopping mall allowing the stores’ two floors to be better connected. The shop will also be the first store to sell H&M Home in the Netherlands.
Jaap Démoed, fund manager of the CBRE Dutch Retail Fund said:
“We are very pleased to see an important international retailer like H&M choose two assets managed by CBRE Global Investors. This transaction is an excellent example of our strategy to source the key retailers which are in demand in order for us to enhance the retail mix within a prominent shopping environment.
“We are continuously assessing ways to maximise the potential of our centres and improve the shopping experience for all of our customers. In addition to the extension and refurbishment work, tenant mix is extremely important and H&M is a key retailer which will enhance our retail offer at both shopping malls.”
The two shopping malls De Koopgoot and Heuvel Galerie in Eindhoven are investments which are part of the CBRE Dutch Retail Fund, a non-listed real estate fund managed by CBRE Global Investors.
This fund for the fourth time in a row has outperformed the IPD/ROZ index on a 3-, 5- and 10 year base, making it one of the best performing retail funds in the Netherlands.
