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Docks Bruxsel changes hands

Image: Georges De Kinder
Image: Georges De Kinder

The Docks Bruxsel Shopping Centre, which very easily won the race to be the first of the planned centres to the north of Brussels to open its doors, has been sold. Brokers JLL acted for the sellers, with Linklaters and Cushman & Wakefield, while Portus Retail, who acquired the centre (with partners Alberta Investment Management Corporation (AIMCo) were advised by Clifford Chance and CBRE

Developed by Belgian real estate developer Equilis, Docks Bruxsel was inaugurated in October 2016, covering 42,000 m² on two levels, plus 11,000 m² of leisure space and 7,400 m² of productive activities. Equilis made it perfectly clear during a press conference some time ago, that it was never their intention to keep the centre in their own portfolio – they are developers, not investors or shopping centre managers.

Docks Bruxsel has just been rewarded by ICSC Europe, receiving a Shopping Centre Award in the Large New Developments category.

Docks Bruxsel is home to 110 fashion, leisure, furniture, beauty and services brands and a Food District with some 15 restaurants. It is the first shopping centre in Belgium to offer its public a combination of premium products (Michael Kors, Superdry, LiuJo...), family brands (Kiabi, H&M Home, Sergent Major, JBC...), flagship stores such as the Samsung Experience store and exclusive activities with the country's first Koezio.

During its first year of existence, Docks Bruxsel attracted 5 million visitors, enabling it to position itself amongst the most visited malls in the country. Today, Docks Bruxsel is located in the middle of a catchment area with a constantly growing population of some 2.5 million consumers.
Tim Harrup
14-05-2018


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