AM Real Estate Development, part of the Dutch Royal BAM Group, has sold the first phase of De Voorwaarts retail park in Apeldoorn, the Netherlands, to Epic I sarl for an undisclosed amount.
AM Real Estate Development, part of the Dutch Royal BAM Group, has sold the first phase of De Voorwaarts retail park in Apeldoorn, the Netherlands, to Epic I sarl for an undisclosed amount.
Phase I consists of over 20,000 m2 of retail, restaurants and leisure space.
After development of the second and third phase, the site will include nearly 90,000 m2 of retail acommodation, designed by FaulknerBrowns Architects.
DTZ acted on behalf of the seller. Appelhoven Vastgoedadviseurs and Osborne Clarke acted on behalf of the buyer.