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Wereldhave Belgium agrees sale of De Mael retail park in Bruges for EUR 49.2 million

PUBT·09/17/2026 05:00:33
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Wereldhave Belgium agrees sale of De Mael retail park in Bruges for EUR 49.2 million
  • Wereldhave Belgium agreed to sell the De Mael retail park in Sint-Kruis, Bruges, to a consortium of private investors.
  • Sale price set at EUR 49.2 million, excluding transfer taxes, above the asset’s latest book value.
  • Deal struck at a 5.6% net initial yield; completion targeted for Q2 2027.
  • Transaction expected to support balance-sheet capacity for investment, aligning with a focus on mid-sized shopping centers in Belgium, Luxembourg.
  • Company flagged no impact on previously communicated 2026 guidance.


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 Belgium SCA published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202609170100OMX_____CNEWS_FR_GNW1001263149_fr) on September 17, 2026, and is solely responsible for the information contained therein.