The Bouwinvest Retail Fund has acquired two retail units on the Heuvelstraat, the popular shopping district of Tilburg, 100 km south of Amsterdam, from Dutch listed property investor Wereldhave.
Bouwinvest’s Dutch Residential and Retail Funds attracted new mandates from a range of investors in the first half of 2018, including the Public Transport (Pensioenfonds Vervoer) and Hospitality Industry (Pensioenfonds Horeca & Catering) pension funds.
Bouwinvest REIM has committed €100 million to the Hines Pan-European Core Fund, extending its allocation to core European retail and office markets to benefit from resurgent growth in European economies and in line with a strategy to lift international investments outside the Netherlands to 40% of the portfolio from 35%.
The Bouwinvest Office Fund has signed eight rental leases for a total of 5,140 sqm within its multi- tenant building WTC The Hague in the past six months. These contracts were for a combination of new tenants and lease renewals for office and retail space.
Bouwinvest REIM has signed an agreement with ERA Contour and J.P. van Eesteren, two subsidiaries of sustainable redevelopment group TBI-Ondernemingen, for the purchase of 209 apartments spread across three buildings part of project Little C on the banks of the Coolhaven in Rotterdam.