Redevco to start work on Belgian retail park

November 15, 2011

Redevco Belgium is to start construction work on the 30,793 sq. m. retail park on Bergensesteenweg in Sint-Pieters-Leeuw, the site of a former Carrefour hypermarket. The complex is owned by Redevco and is one of the most important peripheral retail parks in Belgium, located less than one kilometre from the Brussels ring road.

The Carrefour hypermarket closed its doors in July 2010. Redevco intends to renovate and modernise the entire site, which is fully let to a range of new tenants including Concept Fashion, Mano, Hema, Fun, Veritas, Pearle, Cassis-Paprika, Avance, L&L, Zeb, Casa, Blokker and Euro Kitchen.

Brico will remain open during renovation work in a temporary store, but its current store will be demolished and a new Brico built as part of the scheme. The existing MediaMarkt store, McDonald’s and Auto 5 will also remain open during construction. The complex will be anchored by a Delhaize supermarket covering 4,500 sq. m.

Final environmental, socioeconomic and building permits have all been obtained.

The retail park will be given a completely new look, to a design by Architeam. Cushman & Wakefield acted as sole letting agents. The total investment of the construction will be around 22 millions €, majorated with the investments made by the retailers. After the redevelopment, 310 jobs will be guaranteed

Latest News

Strategically located 343,000 sq ft Cambridge Discovery Campus given go ahead by planners

April 18, 2024 - 11:07

Resolution to grant permission for new science and innovation campus to the south of Cambridge city Property investment and development company, Bridgemere, in conjunction with Foundation Capital Vent[...]

+ Read More

DOUBLE LETTING SUCCESS FOR IPIF IN WOKINGHAM

April 8, 2024 - 14:24

IPIF, advised by Haslams Surveyors and Cushman & Wakefield, has achieved two lettings totalling over 22,500 sq ft at its Millars Business Park at Fishponds Close, Wokingham. There are now only two[...]

+ Read More

Redevco and SFP launch ‘Next Gen Stays’ Iberian Hotel Joint Venture with Portfolio Target of c. €300 Million

March 25, 2024 - 11:07

Redevco and Swiss Finance & Property Group (SFP Group) have formed an Iberian hotel Joint Venture. Following a first close, a fund managed by SFP has indirectly taken a majority stake in ‘Next G[...]

+ Read More

CONTACT

CALL US

+44 (0)20 7647 4420

ADDRESS

Wren House, Garden Close Lane, Newbury RG14 6PR