Bouwinvest Retail Fund sells Ginnekenstraat 42 and 57 in Breda

The property at Ginnekenstraat 42, built around 1900, offers a total floor area of approximately 139 sq m across three storeys. Ginnekenstraat 57, also dating from 1900, comprises approximately 207 sq m of retail space spread over the ground floor, basement, mezzanine, and first floor. Both properties are surrounded by national retail chains as well as local retailers.

The sale of these properties aligns with the Retail Fund’s strategy to respond to changing market dynamics. “With this transaction, we are creating scope for further growth and strengthening our focus on larger, future-proof retail properties and prominent neighbourhood shopping centres,” says Collin Boelhouwer, Fund Manager at Bouwinvest.

The Bouwinvest Retail Fund invests in the Dutch retail market on behalf of institutional investors. The fund focuses on the best shopping cities and busiest shopping streets (Experience), as well as district and neighbourhood shopping centres for daily necessities (Convenience).

Cushman & Wakefield advised Bouwinvest on the sale.