REDEVCO acquires retail property in center of Gouda (NL)

Redevco Netherlands has purchased a 1,300 m² retail property on Gouda's main shopping street, Kleiweg 24-30. The property is let to Blokker and WE on long-term leases.

Redevco already owns the adjacent properties at Kleiweg 32-48. This latest acquisition provides Redevco with an entire block of prime retail real estate covering a total of 7,000 m².

Redevco recently started redeveloping its existing properties on the Kleiweg. The redevelopment includes integrating a shopping passage, which at this moment no longer functions satisfactorily, and will be turned into retail space. The facades on the Kleiweg will be completely renovated, in a style appropriate to the street's architectural tradition. The architect is Soeters van Eldonk Architects of Amsterdam. The project is scheduled for completion this autumn.

The current tenants C&A, WE, Blokker and V&D will continue to occupy their retail units, albeit the individual units will be optimized by the redevelopment. A new store is let to The Sting who will be a major anchor in Gouda's main shopping street.

The project will be certified according to BREEAM-NL standards: we aim to achieve a BREAAM 'Very Good' certificate. The Dutch Council of Shopping Centres (NRW) has designated the project a 'sustainable building' pilot.

The parties have agreed not to disclose the purchase price.

Source: Redevco

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