a.s.r. real estate

a.s.r. real estate investment management acquires Lijnbaan shopping centre in Vianen

07-04-2016
a.s.r. real estate investment management acquires Lijnbaan shopping centre in Vianen

a.s.r. real estate investment management has acquired the Lijnbaan shopping centre for the ASR Dutch Prime Retail Fund. The shopping centre is home to supermarkets AH and Jumbo, an Etos drug store, off-licence Gall & Gall, a D-reizen travel agency and a healthclub. 

Edwin van de Woestijne, Fund Director of the ASR Dutch Prime Retail Fund: “In addition to high-street properties and shopping centres in major urban centres and areas in the Netherlands, we also have supermarkets in our portfolio. This segment brings diversification to the retail fund and optimises fund returns. That is why we regard the Lijnbaan shopping centre, which houses two large supermarkets in a demographically interesting area such as Vianen, as an excellent addition to our portfolio.”

The Lijnbaan shopping centre is located at Lijnbaan 5-13 in Vianen and measures about 4,750 square metres. The shopping centre will be added to the ASR Dutch Prime Retail Fund portfolio.  

KroesePaternotte acted as adviser in this transaction.

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