Wereldhave to acquire shopping center Ville2 of Everbel for €120m.

Wereldhave, a Dutch real estate investment company that owns, develops, and operates full service shopping centres, agreed to acquire shopping center Ville2 of Everbel, a Luxembourg family office holding company, for €120m. "This acquisition opportunity in Belgium, one of our core markets, marks an important next step in the growth phase of our LifeCentral strategy. Shopping center Ville2 fits our disciplined acquisition approach and delivers immediate earnings accretion. With its strong mixed-use tenant base and clear opportunities for value creation (vacancy reduction, improving other income and FSC transformation potential), Ville2 is a clear match for our Full Service Center portfolio. The center will be owned and managed by Wereldhave Belgium. Supported by our experienced local team, we are well positioned to further enhance the asset’s performance and long-term success,” Matthijs Storm, CEO of Wereldhave and Wereldhave Belgium.