Dutch retail specialist Redevco has signed a lease agreement with H&M for a retail unit in Brugg, Switzerland. The unit, part of a former UBS branch acquired in January 2008, is located in the main shopping street and opposite the train station. Refurbishment work started at the beginning of June, Redevco said in a statement.
Dutch retail specialist Redevco has signed a lease agreement with H&M for a retail unit in Brugg, Switzerland. The unit, part of a former UBS branch acquired in January 2008, is located in the main shopping street and opposite the train station. Refurbishment work started at the beginning of June, Redevco said in a statement.
Two other leases for units in the property were renewed for five years, with Bistro Irion and the travel agency Knecht Reisen. The total property consists of 3,180 m2, with 1,700 m2 of retail space and 1,200 m2 of offices.
Additionally, Redevco's Swiss office has acquired a 6,730 m2 retail park in Oftringen. The scheme comprises two separate buildings rented out to Casa, Denner, Polo, Life, Trophy Sports and Fressnapf, and outdoor and indoor parking for a total of 160 vehicles.
