The acquisition follows the two new mandates totalling EUR 117 million that the ADRPF received last year from a Dutch institutional investor. ‘We focus the fund on the nine strongest inner cities in the Netherlands and dominant neighbourhood shopping centres’, says fund manager Peter Koppers. ‘With the acquisition of De Korf, we are further completing this strategy.’ 

The shopping centre has an energy label A, so the acquisition contributes to the ADRPF’s goal of making the portfolio further sustainable. Excluding De Korf, 90.4 per cent of the portfolio (measured in square metres) has an A label. 

Dennis Hoek, portfolio manager Retail at Van der Vorm Vastgoed, says: ‘Since 2018, we owned the shopping centre. We carried out a large-scale revitalisation. With this, we realised a future-proof shopping centre with full occupancy. Since then, consumers have known how to find the mall even better.’ 

You can now read the full press release at the link below