ING REIM sells De Wieën mall in Netherlands

By A staff reporter 2009-04-20T00:00:00+01:00

ING Real Estate Investment Management (REIM) has sold De Wieën shopping centre in the Dutch border town of Venlo to a private investor for EUR 15 mln. The shopping centre, comprising around 6,400 m[sup]2[/sup] of gross lettable area, generates an annual rental stream of more than EUR 1 mln and is leased to 28 tenants, including 20 nationally operating retailers.

ING Real Estate Investment Management (REIM) has sold De Wieën shopping centre in the Dutch border town of Venlo to a private investor for EUR 15 mln. The shopping centre, comprising around 6,400 m² of gross lettable area, generates an annual rental stream of more than EUR 1 mln and is leased to 28 tenants, including 20 nationally operating retailers.

Boer Hartog Hooft advised ING REIM on the transaction while RSP Makelaars acted for the unnamed private investor.