Retail

Altera sells retail properties in Breda and Haarlem

Altera Vastgoed NV (hereinafter: Altera) has sold two retail properties in the city centres of Breda and Haarlem. Both properties – located on the Ginnekenstraat in Breda and the Grote Houtstraat in Haarlem – are fully let, to Søstrene Grene and fashion retailer Paprika.

Altera CIO Erwin Wessels: “This sale marks yet another step forward in the execution of our strategy, which is based on a food and convenience portfolio focussed on strong demographic areas, which provides a stable direct return and is less sensitive to e-commerce and cyclical changes. Looking forward, the portfolio will continue to grow through strategic purchases and sales and targeted asset management.”

Haarlem, Grote Houtstraat
Haarlem, Grote Houtstraat

The properties were sold to a foreign private investor. Altera was advised by KroesePaternotte during the sale. The buyer was advised by Rotsvast.

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