Wereldhave has announced the acquisition of a 9 shopping centre Dutch portfolio from Klepierre for €730m, consisting of €687m for operational properties and €43m for the development (in the CityPlaza). The assets acquired at a 6.2% yield are expected to contribute as much as €45.1m to NRI from 2016. 25 professionals will be joining Wereldhave from Klépierre (o/w 15 entirely dedicated to the new portfolio). The transaction is expected to be EPS accretive as soon as 2
29 Jun 2015
Increasing scale in the Netherlands
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Increasing scale in the Netherlands
Wereldhave N.V. (WER:FRA) | 0 0 1.5% | Mkt Cap: 1,226m
- Published:
29 Jun 2015 -
Author:
Alda Kule Dale -
Pages:
3
Wereldhave has announced the acquisition of a 9 shopping centre Dutch portfolio from Klepierre for €730m, consisting of €687m for operational properties and €43m for the development (in the CityPlaza). The assets acquired at a 6.2% yield are expected to contribute as much as €45.1m to NRI from 2016. 25 professionals will be joining Wereldhave from Klépierre (o/w 15 entirely dedicated to the new portfolio). The transaction is expected to be EPS accretive as soon as 2