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Case Study

Galeria Inno settles in Koning Albertstraat, Hasselt, thanks to the retail Department of JLL

The Retail Department of JLL recently let the premises located in the Koning Albertstraat 46-50 in Hasselt to Galeria Inno and Kruidvat. 

The redevelopment of this site (ex-Go Sport, Kruidvat and the parking “My Park”) is a retail project with two units for a total area of 8,853m². 

Galeria Inno rented the biggest unit of 8.000m² divided into 4 floors. The remaining unit of 853m² on the ground floor is rented by the former tenant Kruidvat. The letting to Galeria Inno will  definitely be the biggest high street transaction in Belgium in 2013. Planned opening of Galeria Inno is foreseen in Q1 2015.

Galeria Inno is a Department Store which makes part of the German Galeria Kaufhoff , which himself makes part of the Metro Group. It owns 15 Belgian branches. 

Kruidvat is a Dutch retail, pharmacy and drugstore chain specialized in health and beauty products. Kruidvat Holding was sold to the Hong Kong company A.S. Watson in 2002.
Baltisse bought this property in Q4 2012 from the Group GL trought the Capital Market Department of JLL. 

The JLL Retail Team acted on behalf of the landlord Baltisse for the lease to Galeria Inno and Kruidvat. 

For more information, please contact Walter Goossens​ (+32 2 550 25 25)​

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