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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.
Wereldhave Belgium reached a conditional private sale agreement for the De Mael retail park in Sint-Kruis (Bruges), strengthening its financial position.
Wereldhave said its Belgian unit will sell the retail park De Mael in Bruges to a consortium of private investors, as part of its strategy to reduce leverage and focus on core assets.