CB Richard Ellis has said it acted for Investore Prime Retail in the acquisition of 'De Opgang/CAN Fase 1' arcade in the Boven 't IJ shopping centre in Amsterdam from ING Real Estate Development for EUR 21.75 mln.
CB Richard Ellis has said it acted for Investore Prime Retail in the acquisition of 'De Opgang/CAN Fase 1' arcade in the Boven 't IJ shopping centre in Amsterdam from ING Real Estate Development for EUR 21.75 mln.
De Opgang shopping centre comprises approximately 8,600 m2 of large and small-scale shops on two floors. The arcade is part of CAN Fase 1, located next to the starting point of the North-South metro line, which is under construction in Amsterdam.
The complex is part of a joint project between ING Real Estate Development and Ymere Housing Corporation which, in addition to the arcade, will include 40 rental homes and a car park with around 800 public parking spaces. Centre Amsterdam North (CAN) will be completed by 2015 and will offer an ideal living, working and shopping centre for the local area.
Investore is a joint venture between Investore Holding, Timevest and BreedInvest.
