Wereldhave acquires Ville2 shopping centre for €120m

Dutch real estate investor Wereldhave, through its 69%-owned subsidiary Wereldhave Belgium, is set to acquire the Ville2 shopping centre in Charleroi, Belgium, for €120 mln. 

Ville2

The seller is the Luxembourg family office Everbel, and the acquisition will be partly financed through a capital increase. 
This acquisition, reflecting a net initial yield of 8.0%, is expected to finalise in December 2025. It aligns with Wereldhave's growth strategy and criteria, focusing on its potential for transformation into a "Full Service Centre" and value creation.
Ville2, spanning around 27,100 m2, presents significant opportunities to decrease its current 8.5% vacancy rate and increase other income streams. Established in 1990 and last renovated in 2022, the centre is highly popular, attracting about 4 million visitors annually and ranking third in footfall density among Belgian shopping centres. It houses 122 tenants, including major retailers like C&A, Fnac, H&M, New Yorker, Sports Direct and Rituals, with many outperforming the average sales of Wereldhave Belgium's existing portfolio.
Ville2 is strategically located in a mixed-use zone, adjacent to a hospital and a Cinemax Pathé cinema, which is conveniently next to the Ville2 food court.
The acquisition of Ville2, together with the disposal of De Roselaar (Roosendaal) and the anticipated disposal of Sterrenburg (Dordrecht) in the Netherlands, will further strengthen Wereldhave’s balance sheet, reducing the net loan-to-value (LTV) ratio by approximately 110bps compared with 30 September 2025.
Matthijs Storm, CEO of Wereldhave and Wereldhave Belgium, commented: “This acquisition opportunity in Belgium, one of our core markets, marks an important next step in the growth phase of our LifeCentral strategy. Shopping centre Ville2 fits our disciplined acquisition approach and delivers immediate earnings accretion. Supported by our experienced local team, we are well-positioned to further enhance the asset’s performance and long-term success.”
Wereldhave Belgium was advised by CBRE and Liedekerke, and the seller by Cushman & Wakefield, BNP Paribas and Elegis.