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Retail Pulse Spring 2015: Buoyant retail investment market in Spring 2015

  • ​Take-up concentrates on prime locations in main high streets in the Big Six Brussels, Antwerp, Ghent, Liège, Bruges and Hasselt
  • Take-up volume in Q1 was 72,650 sq.m., up 54% on the same quarter last year

  • Large projects delivered recently include the redevelopment of 11,000 sq.m. by MG Real Estate in Ghent pre-let to H&M Group, Primark and others, and Le Toison d'Or in Brussels, 12,800 sq.m. pre-let to Marks & Spencer, Zara and Apple.
  • 300,000 sq.m. are currently under construction; future supply will be boosted by the delivery of Docks Bruxsel in October 2016, where recent pre-lettings include renowned brands such as Guess, Liu-Jo, Mango and Mer du Nord.
  • Prime rents trend upward, toward €2,000 per sq.m. p.a. for the prime locations on the prime high streets, both in Brussels and in Antwerp.
  • The volume invested in retail in 2015 so far is one of the highest of the last decade and prime yields are still edging down.​

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