a.s.r. real estate

Hudson's Bay Company store to open in Amstelveen

Hudson's Bay Company store to open in Amstelveen

Hudson’s Bay Company announced today that it has finalized leases for two new store locations in the Netherlands (Amstelveen and Almere), in addition to the eleven locations previously announced. In aggregate, the announced lease agreements total approximately 172,400 m2 (1,855,600 sq.ft.) and include 12 Hudson’s Bay stores and a Saks OFF 5TH store.

As previously announced by the Company, HBC intends to enter the Netherlands with up to 20 new stores over the next two years. HBC’s expansion into the Netherlands introduces two new exciting retail concepts to the Dutch market while leveraging the Company’s existing European business infrastructure.

The newly announced Hudson’s Bay stores are expected to open in the following locations:

Amstelveen, Buitenplein 101
Recognized as the ‘best mall of the Netherlands’, ‘Stadshart’ will welcome a 20,600 m2 (222,000 sq. ft.) Hudson’s Bay on the eastside of the mall. HBC and a.s.r. will transform the existing building completely in close cooperation with the municipality of Amstelveen and other stakeholders.

Edwin van de Woestijne of a.s.r. REIM: “In addition to Amersfoort, Haarlem and Leiden, we also cordially welcome Hudson’s Bay toour beautiful building in Amstelveen. We are delighted with this new concept and look forward to elevating the shopping experience in Amstelveen. Hudson’s Bay’s decision to enter another long-term commitment with a.s.r. demonstrates that our properties are in the right locations and that we are a strong retail partner.”

Almere, Citadel 16 (Unibail-Rodamco)
The Hudson’s Bay store in Almere will be situated in Almere’s Citymall, designed by the wellknown Dutch architect Rem Koolhaas. This shopping center is located in the heart of the city and is a popular shopping destination in the region. The Hudson’s Bay store will occupy the former V&D building and additional areas on the first and second floor, with direct access to the two main parking garages. The more than 10,000 m² (107,600 sq. ft.) store is a perfect fit with the mix of international brands and local retailers as Hudson’s Bay will be the only department store in the Dutch region Flevoland.