Business
Wereldhave acquires shopping center Ville2 in Charleroi, Belgium
Wereldhave N.V. (‘Wereldhave’), through Wereldhave Belgium (69% owned by Wereldhave), has reached agreement with Everbel SA, a Luxembourg family office, on the acquisition of shopping center Ville2 in Charleroi, Belgium. This acquisition is part of the LifeCentral strategy growth phase and is fully compliant with Wereldhave’s rigorous acquisition criteria, including IRR threshold, location, value creation opportunities and Full Service Center transformation potential. This acquisition further st
About this update from Wereldhave Belgium Sca
[{"type":"image","alt":"Wereldhave N.V.","displaySize":"","headline":null,"caption":"Wereldhave N.V.","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":60,"url":"https://media.zenfs.com/en/globenewswire.com/439173ab3f90d4dc5e478998cf911bff"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/.IwBHevLvNNjfBHtrnolhA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTg0O2NmPXdlYnA-/https://media.zenfs.com/en/globenewswire.com/439173ab3f90d4dc5e478998cf911bff","width":300,"height":60}},"lazy":false},{"type":"text","content":"Wereldhave N.V. (‘Wereldhave’), through Wereldhave Belgium (69% owned by Wereldhave), has reached agreement with Everbel SA, a Luxembourg family office, on the acquisition of shopping center Ville2 in Charleroi, Belgium. This acquisition is part of the LifeCentral strategy growth phase and is fully compliant with Wereldhave’s rigorous acquisition criteria, including IRR threshold, location, value creation opportunities and Full Service Center transformation potential. This acquisition further strengthens Wereldhave’s leading position in the Walloon region, where the company has been active for nearly 50 years. The total purchase price amounts to € 120m, reflecting a net initial yield of 8.0%. The transaction is expected to close in December 2025.","length":761,"tagName":"p"},{"type":"text","content":"The acquisition of Ville2, together with the disposal of De Roselaar (Roosendaal) and the anticipated disposal of Sterrenburg (Dordrecht) in the Netherlands, is expected to have an annualized positive impact of approximately € 0.05 - or almost 3% - on Wereldhave’s direct result per share (DRPS) as of 2026. These transactions, plus related valuation synergies, will further strengthen Wereldhave’s balance sheet, reducing the net loan-to-value (LTV) ratio by approximately 110bps compared with 30 September 2025.","length":513,"tagName":"p"},{"type":"text","content":"Acquisition of Ville2 by Wereldhave BelgiumWereldhave Belgium will acquire shopping center Ville2 in Charleroi with a total gross leasable area of approx. 27,100 m². The center offers significant upside potential through transformation into a Full Service Center, reducing the current 8.5% vacancy and enhancing the center’s other income. Ville2 welcomes around 4 million visitors per year and ranks 3rd in footfall density among all Belgian shopping centers. Seve...