Wereldhave Belgium sells De Mael retail park for €49.2M
Wereldhave Belgium agreed a conditional private sale of De Mael retail park in Sint-Kruis (Bruges) for €49.2M, implying a 5.6% net initial yield. Transfer expected in Q2 2027; deal does not affect 2026 outlook.
2M, above book value. 6% net initial yield. Transfer is expected in Q2 2027 and the transaction will not affect the company’s 2026 outlook.