SQUAWK/NEWS
Account
Theme
Account
Menu
Live News RATES FLASH H impact

Wereldhave Sells Eggert Center in Purmerend to Transitions Europe

Wereldhave N.V. announced the sale of the Eggert Center, a Full Service Center in Purmerend, to the French real estate investment fund Transitions Europe for €62.8 million. The transaction, which closed on October 30, 2026, was executed at approximately the asset's latest book value and reflects a net initial yield of around 7%. Wereldhave will continue to manage the property as the asset, property, and leasing manager. The proceeds from the sale, alongside the divestment of retail park De Mael in Bruges, are expected to reduce the company's net loan-to-value ratio by approximately 250 basis points compared to June 30, 2026. Wereldhave maintains its full-year 2026 guidance for direct result per share of €1.85-1.95.

WHA

Related stories