Portfolio
We manage close to 300 assets in Europe. View our featured projects, developments and acquisitions.
- A 25,000 sqm. urban refurbishment in the historical city center of Lille
- A latest generation, mix-used scheme covering 2,400 sqm. of retail, 1,700 sqm of street food, 5,200 sqm. of leisure, 8,000 sqm. of (co-) working spaces, a four-star hotel with 120 rooms, and 600 parking spaces
- A mix of strong, innovative, and complementary concepts and brands: Citadium (streetwear), Climb Up (climbing activities), Decathlon City (sports), Fitness Park (fitness), Grand Scène (food), Okko Hotels, Team Break (escape games), Wojo (coworking)
- A connected community of brands, partners, and visitors
- A fully redeveloped property with a stunning facade
25,000 sqm.
GLA
Mixed-use 3.0
Le 31, Lille
- A 25,000 sqm. urban refurbishment in the historical city center of Lille
- A latest generation, mix-used scheme covering 2,400 sqm. of retail, 1,700 sqm of street food, 5,200 sqm. of leisure, 8,000 sqm. of (co-) working spaces, a four-star hotel with 120 rooms, and 600 parking spaces
- A mix of strong, innovative, and complementary concepts and brands: Citadium (streetwear), Climb Up (climbing activities), Decathlon City (sports), Fitness Park (fitness), Grand Scène (food), Okko Hotels, Team Break (escape games), Wojo (coworking)
- A connected community of brands, partners, and visitors
- A fully redeveloped property with a stunning facade
25,000 sqm.
GLA
Mixed-use 3.0
This retail park is perfectly located next to the R0 (ring road around Brussels) and underwent a thorough infrastructure renovation in phases from 2017-2020. The project involved a densification of the site by adding new units for Brico Planit (with underground parking), Auto5, and later on also for Medi-Market, Carglass and Kojump (leisure). In parallel there was a comprehensive refurbishment and insulation of the existing Carrefour Hypermarket, Lunch Garden, Sports Direct and McDonalds existing building.
Out-of-town retail park
Asset class
36.700 m²
GLA
Waterloo Mont-St-Jean, BIX
This retail park is perfectly located next to the R0 (ring road around Brussels) and underwent a thorough infrastructure renovation in phases from 2017-2020. The project involved a densification of the site by adding new units for Brico Planit (with underground parking), Auto5, and later on also for Medi-Market, Carglass and Kojump (leisure). In parallel there was a comprehensive refurbishment and insulation of the existing Carrefour Hypermarket, Lunch Garden, Sports Direct and McDonalds existing building.
Out-of-town retail park
Asset class
36.700 m²
GLA
Built in 1971 and refurbished in 2017, the Mechelen-Zemst retail park is ideally located next to the E19 Brussels-Antwerp motorway. It holds a total leasable surface of 28,400 m² divided among 9 shops ranging from a hypermarket, DIY store, fitness, a car service centre and restaurants. During the last renovation the façades were modernised by integrating wood panels and large glass panes for a more open, contemporary look. The car park, with revised entrances and exits, has nearly 1,000 free places and 110 bicycle stations. On the environmental side, the park features a bee hotel and green screens but also soundproofing panels as well as charging stations for electric vehicles.
Out-of-town retail park
Asset class
28,400 m²
GLA
Mechelen-Zemst, Shopping MZ
Built in 1971 and refurbished in 2017, the Mechelen-Zemst retail park is ideally located next to the E19 Brussels-Antwerp motorway. It holds a total leasable surface of 28,400 m² divided among 9 shops ranging from a hypermarket, DIY store, fitness, a car service centre and restaurants. During the last renovation the façades were modernised by integrating wood panels and large glass panes for a more open, contemporary look. The car park, with revised entrances and exits, has nearly 1,000 free places and 110 bicycle stations. On the environmental side, the park features a bee hotel and green screens but also soundproofing panels as well as charging stations for electric vehicles.
Out-of-town retail park
Asset class
28,400 m²
GLA
One Tower Bridge is a landmark development positioned in a truly unique and iconic location, next to a host of world-class cultural attractions and within a short walk of the City’s financial heart. Located in the affluent and evolving London Borough of Southwark, One Tower Bridge lies within a mile of the City of London and 2.6 miles from the West End, within the zone 1 transport belt and surrounded by some of London’s most recognisable attractions, One Tower Bridge is a hugely popular area for working commuters, local residents and international tourists alike.
Tenants include: By Chloe, Gunpowder, Prosecco House, Rosa’s Thai café, Temakinho, The Coal Shed, The Ivy, Tom Simmons, Vapiano, Sainsbury’s local, Bridge Theatre.
Mixed-use building
Asset Class
7.720 m2
Square meters
Core
Risk profile
One Tower Bridge is a landmark development positioned in a truly unique and iconic location, next to a host of world-class cultural attractions and within a short walk of the City’s financial heart. Located in the affluent and evolving London Borough of Southwark, One Tower Bridge lies within a mile of the City of London and 2.6 miles from the West End, within the zone 1 transport belt and surrounded by some of London’s most recognisable attractions, One Tower Bridge is a hugely popular area for working commuters, local residents and international tourists alike.
Tenants include: By Chloe, Gunpowder, Prosecco House, Rosa’s Thai café, Temakinho, The Coal Shed, The Ivy, Tom Simmons, Vapiano, Sainsbury’s local, Bridge Theatre.
Mixed-use building
Asset Class
7.720 m2
Square meters
Core
Risk profile
The high quality building, situated along Glasgow’s prime retail pitch of Buchanan Street, was re-developed only a few years ago to offer excellent modern retailing space for current tenant Nike. The property transacted for over £29 million.
It is one of only a handful of buildings of this scale along Buchanan Street in 100% prime pitch, opposite House of Fraser Department Store and enjoying the company of top national and international retail brands.
High Street Property
Asset class
2.549 m2
Square meters
Core
Risk profile
Glasgow, Buchanan Street
The high quality building, situated along Glasgow’s prime retail pitch of Buchanan Street, was re-developed only a few years ago to offer excellent modern retailing space for current tenant Nike. The property transacted for over £29 million.
It is one of only a handful of buildings of this scale along Buchanan Street in 100% prime pitch, opposite House of Fraser Department Store and enjoying the company of top national and international retail brands.
High Street Property
Asset class
2.549 m2
Square meters
Core
Risk profile
The Hanningtons Estate, positioned prominent in the heart of Brighton’s vibrant shopping district, epitomises all the key factors that Redevco is looking for in its retail investments. It’s located in an attractive, historic shopping district at the centre of a town that is a magnet for visitors and has an affluent and creative population.
Redevco has finished redeveloping the property, including the creation of a new Lane, new entrance to the Lanes from North Street, premium office suites, residential accommodation and the reconfiguration of existing shops to provide exciting new spaces for retailers, restaurants and cafes.
Mixed-use development
Asset class
11.250 m2
Square metres
Core + / Value-add
Risk profile
Brighton, Hanningtons Estate
The Hanningtons Estate, positioned prominent in the heart of Brighton’s vibrant shopping district, epitomises all the key factors that Redevco is looking for in its retail investments. It’s located in an attractive, historic shopping district at the centre of a town that is a magnet for visitors and has an affluent and creative population.
Redevco has finished redeveloping the property, including the creation of a new Lane, new entrance to the Lanes from North Street, premium office suites, residential accommodation and the reconfiguration of existing shops to provide exciting new spaces for retailers, restaurants and cafes.
Mixed-use development
Asset class
11.250 m2
Square metres
Core + / Value-add
Risk profile
The redevelopment of this asset was all about sustainability with a green building strategy, in accordance with the MINERGIE R standard. A mixed-use asset, compromising retail and residential and combining six buildings in three streets. Roof, facades and technical installations were renewed. More net sales area was created.
6.000 m2
Square meters
Winterthur
The redevelopment of this asset was all about sustainability with a green building strategy, in accordance with the MINERGIE R standard. A mixed-use asset, compromising retail and residential and combining six buildings in three streets. Roof, facades and technical installations were renewed. More net sales area was created.
6.000 m2
Square meters
Princes Square opened in its current format as a shopping and dining destination in 1988. The centre was refurbished in 2011/2012 at a cost of £7.5 million.
The Grade B listed buildings were developed by GRE Properties Ltd in the 1980s. The brief then was to preserve and restore the original buildings but create a modern shopping and dining centre of quality and distinction with an emphasis on style – which remains within the centre today. The centre has over 40 shops & restaurants with key tenants such as Ted Baker, French Connection, Reiss Womenswear, Cos and Vivienne Westwood.
40
Number of shops & restaurants
27.693 m2
Square meters
1.8 million people
Catchment area
Glasgow, Princes Square
Princes Square opened in its current format as a shopping and dining destination in 1988. The centre was refurbished in 2011/2012 at a cost of £7.5 million.
The Grade B listed buildings were developed by GRE Properties Ltd in the 1980s. The brief then was to preserve and restore the original buildings but create a modern shopping and dining centre of quality and distinction with an emphasis on style – which remains within the centre today. The centre has over 40 shops & restaurants with key tenants such as Ted Baker, French Connection, Reiss Womenswear, Cos and Vivienne Westwood.
40
Number of shops & restaurants
27.693 m2
Square meters
1.8 million people
Catchment area
Parque Corredor offers the broadest commercial mix in the Torrejón de Ardoz area, both in food & beverage, fashion, services and leisure, including a movie theatre and bowling ally. In 2020 the shopping centre was transformed into a modern and iconic centre. A new layout of the scheme significantly improved circulation of 11 million yearly visitors. The common areas was also improved, creating more natural light through the use of skylights. New iconic accesses and a redesign of the car park completed the redevelopment.
The centre includes 180 units in an area of 123,000 square meters with a big diversity in fashion brands such as Inditex, H&M, Mango, Kiabi, C&A and Primark. The center also has an Alcampo hypermarket of 24,000 square meters, one of the largest in Spain.
Shopping centre
Asset class
123.000 m2
Square metres
Madrid, Parque Corredor
Parque Corredor offers the broadest commercial mix in the Torrejón de Ardoz area, both in food & beverage, fashion, services and leisure, including a movie theatre and bowling ally. In 2020 the shopping centre was transformed into a modern and iconic centre. A new layout of the scheme significantly improved circulation of 11 million yearly visitors. The common areas was also improved, creating more natural light through the use of skylights. New iconic accesses and a redesign of the car park completed the redevelopment.
The centre includes 180 units in an area of 123,000 square meters with a big diversity in fashion brands such as Inditex, H&M, Mango, Kiabi, C&A and Primark. The center also has an Alcampo hypermarket of 24,000 square meters, one of the largest in Spain.
Shopping centre
Asset class
123.000 m2
Square metres
On one of Vienna’s main shopping streets, Redevco has re-developed one of Vienna’s iconic inner-city retail properties. Former seventies Generali Center is transformed into a modern high street shopping destination. The newly restored building of 16,000 m2 with offices in the top six floors and retail in the basement, ground and first floor, now carries the name MAHÜ77. Where the old structure was home to 26 shops, new tenants TK Maxx, CCC and Eurospar will have their own facades and entrances directly on Mariahilfer Strasse, as “the high street is the mall”.
Mixed-use retail and offices
Asset class
16.000 m2
Square meters
CCC, Eurospar, TK Maxx
Anchor tenants
Vienna, MAHÜ77
On one of Vienna’s main shopping streets, Redevco has re-developed one of Vienna’s iconic inner-city retail properties. Former seventies Generali Center is transformed into a modern high street shopping destination. The newly restored building of 16,000 m2 with offices in the top six floors and retail in the basement, ground and first floor, now carries the name MAHÜ77. Where the old structure was home to 26 shops, new tenants TK Maxx, CCC and Eurospar will have their own facades and entrances directly on Mariahilfer Strasse, as “the high street is the mall”.
Mixed-use retail and offices
Asset class
16.000 m2
Square meters
CCC, Eurospar, TK Maxx
Anchor tenants
This prime location asset houses long-term tenant IKEA. The new concept of city stores aims to provide customers with a unique IKEA brand experience. The property, covering 2,300 sq. m. area, is divided in four floors and it is located in on the Calle Goya in the popular “Barrio de Salamanca” district.
High Street Property
Asset class
2.300 m2
Square meters
Madrid, Goya
This prime location asset houses long-term tenant IKEA. The new concept of city stores aims to provide customers with a unique IKEA brand experience. The property, covering 2,300 sq. m. area, is divided in four floors and it is located in on the Calle Goya in the popular “Barrio de Salamanca” district.
High Street Property
Asset class
2.300 m2
Square meters
The location of this prime asset attracts a daily footfall of 150,000 people, making it one of the most frequented pedestrian shopping destinations in Central Europe. It offers a fantastic opportunity to create a prestigious flagship store in a super prime location.
High Street property
Asset class
7.482 m2
Square metres
Core
Risk profile
Prague, City Palais
The location of this prime asset attracts a daily footfall of 150,000 people, making it one of the most frequented pedestrian shopping destinations in Central Europe. It offers a fantastic opportunity to create a prestigious flagship store in a super prime location.
High Street property
Asset class
7.482 m2
Square metres
Core
Risk profile
On behalf of Redevco Iberian Ventures, the joint venture between Ares Management and Redevco, we manage one of the Madrid’s major attractions, the Mercado San Miguel. The renowned covered gastronomic market, located in the centre of bustling Madrid, is a designated heritage protected building in Spain and a magnet for foodies and a fixture on Madrid’s tourist trail. Redevco is focusing its asset management efforts on re-tenanting, re-marketing and refurbishment.
Market hall
Asset class
1.764 m2
Square meters
Mardid, Mercado de San Miguel
On behalf of Redevco Iberian Ventures, the joint venture between Ares Management and Redevco, we manage one of the Madrid’s major attractions, the Mercado San Miguel. The renowned covered gastronomic market, located in the centre of bustling Madrid, is a designated heritage protected building in Spain and a magnet for foodies and a fixture on Madrid’s tourist trail. Redevco is focusing its asset management efforts on re-tenanting, re-marketing and refurbishment.
Market hall
Asset class
1.764 m2
Square meters
This asset is a pominent corner building on Berlin´s main shopping street Tauentzienstrasse in close proximity to internationally renowned luxury department store “KaDeWe” and thus in a super prime retail location of Germany’s capital city.
High Street property
Asset class
4.000 m2
Square meters
Core
Risk profile
Berlin, Tauenzientstrasse
This asset is a pominent corner building on Berlin´s main shopping street Tauentzienstrasse in close proximity to internationally renowned luxury department store “KaDeWe” and thus in a super prime retail location of Germany’s capital city.
High Street property
Asset class
4.000 m2
Square meters
Core
Risk profile
This asset is located in Münster’s prima high street location in the pedestrian zone. It was redeveloped by Redevco in 2017. It now houses long-term tenant Primark.
High Street Asset
Asset class
11.700 m2
Square meters
Core
Risk profile
Münster
This asset is located in Münster’s prima high street location in the pedestrian zone. It was redeveloped by Redevco in 2017. It now houses long-term tenant Primark.
High Street Asset
Asset class
11.700 m2
Square meters
Core
Risk profile
ALEA 101 is a 30-metre-high commercial and residential building with five floors and a basement. 10,000 m² are dedicated to retail and restaurants in the basement, ground, first and second floors. 1,600 m² office space has been created on the third and fourth floors, and the property also comprises 14 apartments with a total area of some 1,600 m².
Core
Risk profile
Berlin, Alexanderplatz
ALEA 101 is a 30-metre-high commercial and residential building with five floors and a basement. 10,000 m² are dedicated to retail and restaurants in the basement, ground, first and second floors. 1,600 m² office space has been created on the third and fourth floors, and the property also comprises 14 apartments with a total area of some 1,600 m².
Core
Risk profile
This investment, in the heart of the city Rouen with a catchment area of approx. 500,000 people and 3 million visitors per year, offers significant scope for value creation through astute asset management. Escape du Palais offers 10,000 sq.m. of commercial space after an extensive refurbishment in 2018. The main tenants are Fnac, Orange, Sostrene Grene, King Jouet, American Vintage, Animalis and a wide range of food & beverage options.
Inner-city shopping centre
Asset class
10.000 m2
Square metres
Core/ Value-add
Risk profile
Rouen, Espace du Palais
This investment, in the heart of the city Rouen with a catchment area of approx. 500,000 people and 3 million visitors per year, offers significant scope for value creation through astute asset management. Escape du Palais offers 10,000 sq.m. of commercial space after an extensive refurbishment in 2018. The main tenants are Fnac, Orange, Sostrene Grene, King Jouet, American Vintage, Animalis and a wide range of food & beverage options.
Inner-city shopping centre
Asset class
10.000 m2
Square metres
Core/ Value-add
Risk profile
This asset is exceptionally well-located on the Rue de la Paix, close to the renowned key luxury retail location Place Vendôme. This premium retail area is home to famous Parisian hotels and restaurants including Le Ritz, Lemeurice and Le Carré des Feuillants, generating a significant footfall and large tourist numbers.
High Street property
Asset class
740
Square meters
Core +/ value add
Risk profile
Paris, Rue de la Paix
This asset is exceptionally well-located on the Rue de la Paix, close to the renowned key luxury retail location Place Vendôme. This premium retail area is home to famous Parisian hotels and restaurants including Le Ritz, Lemeurice and Le Carré des Feuillants, generating a significant footfall and large tourist numbers.
High Street property
Asset class
740
Square meters
Core +/ value add
Risk profile
In the historic city centre of Bordeaux we have developed a large-scale urban project, transforming an abandoned industrial site into a pleasant pedestrian district where life is organised around retail, leisure and housing. Promenade Sainte-Catherine is located right at the junction of rue Sainte Catherine and rue Porte, Bordeaux’s busiest high streets. From design to construction, we integrated the concept of sustainability to all of the processes to ensure a clean site during and beyond the construction phase. This project combines respect for the environment and energy efficiency with an integrated architectural setting that adds value to the city.
3
Levels
16.400 m2
Square meters
Bordeaux, Promenade Saint-Catherine
In the historic city centre of Bordeaux we have developed a large-scale urban project, transforming an abandoned industrial site into a pleasant pedestrian district where life is organised around retail, leisure and housing. Promenade Sainte-Catherine is located right at the junction of rue Sainte Catherine and rue Porte, Bordeaux’s busiest high streets. From design to construction, we integrated the concept of sustainability to all of the processes to ensure a clean site during and beyond the construction phase. This project combines respect for the environment and energy efficiency with an integrated architectural setting that adds value to the city.
3
Levels
16.400 m2
Square meters
In 2020 we finished the redevelopment of our 9,000 m2, four story C&A building at 18 Septemberplein, Eindhoven, The Netherlands. With glass boxes at 5.5 meters wide, 7 meters high and weighing 3000kg each, the type and scale of glass facade construction at our 18 Septemberplein renovation has never before been realised in the Netherlands. UNStudio was invited to restore and connect this historical building to its existing urban context.
Redevco used the renovation of the old department store as an opportunity to implement sustainability measures and strives for a BREEAM-Excellent certification. Sustainability measures that have been taken are the installation of solar panels, green on the roof and facade, and the use of energy efficient escalators and elevators.
Photos Eva Bloem
9,000 m2
GLA
EXCELLENT
BREEAM IN-USE
Sustainability
Disconnected from the natural gas grid
Energy performance
126 PV Panels installed
Eindhoven, 18 Septemberplein
In 2020 we finished the redevelopment of our 9,000 m2, four story C&A building at 18 Septemberplein, Eindhoven, The Netherlands. With glass boxes at 5.5 meters wide, 7 meters high and weighing 3000kg each, the type and scale of glass facade construction at our 18 Septemberplein renovation has never before been realised in the Netherlands. UNStudio was invited to restore and connect this historical building to its existing urban context.
Redevco used the renovation of the old department store as an opportunity to implement sustainability measures and strives for a BREEAM-Excellent certification. Sustainability measures that have been taken are the installation of solar panels, green on the roof and facade, and the use of energy efficient escalators and elevators.
Photos Eva Bloem
9,000 m2
GLA
EXCELLENT
BREEAM IN-USE
Sustainability
Disconnected from the natural gas grid
Energy performance
126 PV Panels installed
The Leaf Shopping is a large re-development, opened in the fall of 2018, and now home to 13 retailers and a restaurant, ranging from a supermarket to fashion and F&B.
The Leaf project is our most sustainable development and received a BREEAM Excellent rating. The sustainable materials were selected according to Cradle-to-Cradle®principle. The space alongside cycle and footpaths was enhanced through green roofs, which covers over 50% of the total roof surface and large areas with local vegetation. At the entrance of the site, a public park was created with more than 900 park spaces. In de middle of the parking you find an e-Tree, a ‘solar panel tree’ where solar power is generated. More information is available at www.theleaf.be, featuring a virtual reality experience of the retail park.
Out-of-town retail park
Asset class
28.100 m2
GLA
Ternat, The Leaf
The Leaf Shopping is a large re-development, opened in the fall of 2018, and now home to 13 retailers and a restaurant, ranging from a supermarket to fashion and F&B.
The Leaf project is our most sustainable development and received a BREEAM Excellent rating. The sustainable materials were selected according to Cradle-to-Cradle®principle. The space alongside cycle and footpaths was enhanced through green roofs, which covers over 50% of the total roof surface and large areas with local vegetation. At the entrance of the site, a public park was created with more than 900 park spaces. In de middle of the parking you find an e-Tree, a ‘solar panel tree’ where solar power is generated. More information is available at www.theleaf.be, featuring a virtual reality experience of the retail park.
Out-of-town retail park
Asset class
28.100 m2
GLA
Hydrion is the dominant retail park in the region of Arlon and has a wide consumer catchment area due to its location close to the Arlon junction of the main highway linking Belgium to the nearby Grand Duchy of Luxembourg. There are a number of opportunities to add value to this property through active asset management.
Out-of-town retail park
Asset class
33.605
Square metres
Core/core+
Risk profile
Arlon, Shopping Hydrion
Hydrion is the dominant retail park in the region of Arlon and has a wide consumer catchment area due to its location close to the Arlon junction of the main highway linking Belgium to the nearby Grand Duchy of Luxembourg. There are a number of opportunities to add value to this property through active asset management.
Out-of-town retail park
Asset class
33.605
Square metres
Core/core+
Risk profile
The monumental department store, built in 1901, has been in our care for a long time already and underwent a thorough reconstruction for 18 months. The restoration works to the façade, the roof and the domes were finalised in December 2014.
The restoration involved the hard work of about 120 workers and a total investment of 4.2 million euros made jointly by Redevco and tenant, Inno. Part of the project was subsidised by the Flemish Government (real estate Heritage), Antwerp Province and the City of Antwerp.
Core
Risk profile
Antwerpen, Galeria Inno
The monumental department store, built in 1901, has been in our care for a long time already and underwent a thorough reconstruction for 18 months. The restoration works to the façade, the roof and the domes were finalised in December 2014.
The restoration involved the hard work of about 120 workers and a total investment of 4.2 million euros made jointly by Redevco and tenant, Inno. Part of the project was subsidised by the Flemish Government (real estate Heritage), Antwerp Province and the City of Antwerp.
Core
Risk profile
This beautiful property called the “Leesmuseum”, offers a unique retail space on the Rokin, in the midst of Amsterdam. The upcoming hip and happening Rokin retail street runs south from Amsterdam’s central Dam square and parallel to the city’s busiest shopping street, Kalverstraat.
Five floors
1.700 m²
Square meters
€15 million
Purchase price
Core
Risk profile
Amsterdam, Rokin
This beautiful property called the “Leesmuseum”, offers a unique retail space on the Rokin, in the midst of Amsterdam. The upcoming hip and happening Rokin retail street runs south from Amsterdam’s central Dam square and parallel to the city’s busiest shopping street, Kalverstraat.
Five floors
1.700 m²
Square meters
€15 million
Purchase price
Core
Risk profile
Redevco started construction works of a monumental property in the city centre of Rotterdam aiming to turn it into a modern, mixed-use concept. The building with four main storeys has a special split-level structure creating ten individual floors within.
The architectural plans, created by architects Wessel de Jonge, specialised in post-war, monumental buildings, and Dunnett Craven, a retail specialist, provide for a multi-use of the near to 5,500 sqm of floorspace. By placing escalators outside the structure, the enormous rooftop terrace on the second floor will become directly accessible. This enables dividing the property into retail units on the one hand, to be situated in the basement and on the ground and first floors (3,900 sqm), and F&B on the other hand to be located on the second floor and upper flours (1,500 sqm). Transforming the traditionally single tenant property into a multi-tenant and multi-purpose building, perfectly fits Redevco’s strategy to focus on and to create places that combine a mix of functions: quality destinations where people want to live, work and play.
High street property
Asset class
5.540 m2
Square metres
Value-add
Risk profile
Rotterdam, Donner building
Redevco started construction works of a monumental property in the city centre of Rotterdam aiming to turn it into a modern, mixed-use concept. The building with four main storeys has a special split-level structure creating ten individual floors within.
The architectural plans, created by architects Wessel de Jonge, specialised in post-war, monumental buildings, and Dunnett Craven, a retail specialist, provide for a multi-use of the near to 5,500 sqm of floorspace. By placing escalators outside the structure, the enormous rooftop terrace on the second floor will become directly accessible. This enables dividing the property into retail units on the one hand, to be situated in the basement and on the ground and first floors (3,900 sqm), and F&B on the other hand to be located on the second floor and upper flours (1,500 sqm). Transforming the traditionally single tenant property into a multi-tenant and multi-purpose building, perfectly fits Redevco’s strategy to focus on and to create places that combine a mix of functions: quality destinations where people want to live, work and play.
High street property
Asset class
5.540 m2
Square metres
Value-add
Risk profile