Tristan Capital Partners purchased a substantial majority of international insurance group Generali’s Dutch real estate portfolio for €212 million. The real estate portfolio, consisting of retail, offices and residences, and totalling 39 properties, is situated primarily in the Randstad urban conglomeration. Dutch Timeless Investments is involved as local operational partner and is investing in the transaction too. Brickstone Retail will be responsible for the asset management of the retail real estate. The retail portfolio consists of several stand-alone retail properties in Amsterdam on the Kalverstraat, Leidsestraat, Rokin and Damrak. In addition it includes several shopping centres throughout the Netherlands.
Brickstone Retail supervised the optimization of the Koperwiekplein shopping center in Enkhuizen on behalf of the owners. The shopping centre had four units vacant, spread out in the center. By relocating existing tenants, merging several units and attracting Action as a new tenant, the center was fully occupied again.
Brickstone has managed the reshuffle and optimization of the Raaks shopping center in Haarlem on behalf of the owner. With the purchase in 2015, there was more than 3,000 m2 of vacancy, around 24% of the total 12.400 m2. In order to be able to improve the rental situation, a number of retail units were merged and of two tenants the contracts were terminated. Five new tenants have opened a store in the shopping center, including outdoor store Bever, fitness center Trainmore and restaurant chain De Beren. Tenants Homestock and Pure Cosmetics have been relocated to another store within the shopping center. New long-term lease agreements have been agreed with existing tenants Intersport and Bruna. Thanks to the active relocation- and leasing strategy, the shopping center is fully and long-term let.
Brickstone
Van Eeghenstraat 2
1071 GE Amsterdam
info@brickstone.nl
Phone:+3120 82 02 393