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Wereldhave sells De Mael retail park in Bruges for €49.2 million

PUBT·09/17/2026 04:58:15
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Wereldhave sells De Mael retail park in Bruges for €49.2 million
  • Wereldhave agreed to sell retail park De Mael in Bruges to a consortium of private investors for EUR 49.2 million.
  • Disposal targets a non-core asset as the group rotates capital toward Full Service Centers.
  • Net loan-to-value expected to fall about 110 bps versus June 30, 2026, strengthening the balance sheet.
  • Price implies a premium to latest book value; transfer scheduled for Q2 2027.
  • Sale priced at a 5.6% net initial yield.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Wereldhave NV published the original content used to generate this news brief on September 17, 2026, and is solely responsible for the information contained therein.