Wereldhave to sell Bruges retail park De Mael for €49.2M
Wereldhave, via Wereldhave Belgium, will sell retail park De Mael in Bruges for €49.2M, at a premium to book value. The deal is scheduled for Q2 2027 and is expected to reduce net LTV by ~110bps versus 30 Jun 2026.
2M, at a premium to book value. The transaction is expected to reduce net LTV by about 110bps versus 30 Jun 2026, with transfer scheduled for Q2 2027.