Five shopping centres sold by CBRE GI

De Maasboulevard shopping centre Venlo

CBRE Global Investors has sold five Dutch shopping centres to a consortium of ARC Real Estate Partners and a US based private equity fund.

The five sales in regional towns leaves 25% of the CBRE Dutch Retail Fund weighted towards Amsterdam. The disposal forms part of the repositioning process of the fund with 75% of the fund’s portfolio now allocated to prime high street retail and shopping centres in the seven largest cities in the Netherlands.

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