Real estate services provider Bilfinger Real Estate has been awarded management contracts for four shopping centres in the Netherlands by its existing customers Bouwinvest and CBRE Global Investors.
The contracts relate to the Mercurius Center in Assen and the Waagstraat Center in Groningen, which are part of the real estate portfolio of CBRE Global Investors, as well as two shopping centres in Amsterdam - Stadionplein and Mosveld - which belong to the Bouwinvest Dutch Institutional Retail Fund N.V. The four retail properties have a combined total of 48,400m2 of retail and 3,800m2 of office space as well as 24 residential units. Bilfinger Real Estate will be responsible for centre and property management at these properties.
Huub Snelders, manager retail Benelux at Bilfinger Real Estate, said: "As a result of the new contracts, the portfolio of retail properties under management from Bouwinvest has expanded to 71,000m2, while the CBRE Global Investors portfolio now measures 148,000m2. We are delighted with the new additions to our management portfolio and the trust our customers have placed in us."
Bilfinger Real Estate currently managing around 3 million m2 of commercial real estate space with locations in Utrecht, Amstelveen, Eindhoven and Apeldoorn. Bilfinger Real Estate BV manages the real estate portfolios of major owners, investors and funds such as Syntrus Achmea Real Estate & Finance, CBRE Global Investors Dutch Retail Fund, Delta Lloyd Vastgoed, Bouwinvest, Annexum, Commerz Real Investment, Hansteen Holdings and Bouwfonds Investment Management.
