Wereldhave sells Koningshoek shopping center for €47 million

AMSTERDAM: Wereldhave N.V. has sold its shopping center Koningshoek in Maassluis and has arranged a new green financing facility to cover for debt maturities from Q3 2022 to Q3 2023.

Shopping center Koningshoek in Maassluis was sold for a total gross amount of €47 million.

This is slightly above the bookvalue per year-end 2020. During 2020, the value decline of this asset was less than the average value decline of the whole of Dutch portfolio.

“This strengthens our view that the devaluation for our Dutch shopping center portfolio is starting to bottom out. A new €120 million green revolving credit facility with a maturity of three years has been arranged with ABN AMRO. It will be used to replace the facility that was issued last year at similar margins,” a news release said.

Wereldhave Full Service Centers contribute to a more joyful and comfortable everyday life. A one-stop location for groceries, shopping, leisure, relaxation, sports, health, work and other daily needs – all supported by smart concepts and digital services.

By investing sustainably to meet the needs of customers and local areas, they enrich communities, while caring for the environment, and have a positive effect on the way people live, work and shop. Wereldhave Full Service Centers play a vital role in people’s everyday lives in leading regional cities in the Netherlands, Belgium and France. www.wereldhave.com