This 5,000m² retail park, located on a major access road in Bilzen, has a nice E-commerce resistant tenant mix, with the Lidl of 2,150m² as the largest tenant.
With this acquisition, Forum Estates now has 6 newly built Lidl stores in its portfolio: Leuven, De Panne, Gent (Rabot), Merksem and the Lidl yet to be built on the Montevideo site on ‘t Eilandje in Antwerp.
This park is ideally located at Tongersestraat 62-72 in Bilzen, on an important road to the city centre. Moreover, due to its location, Bilzen has a large catchment area. With Lidl and Action, this retail cluster has two important E-commerce resistant drivers in the food and non-food discount. The modern and spacious outlets of Maxi-Zoo, Bon Ap and Kruidvat complete the offer.
Through this transaction, Forum Estates adds approximately EUR 600,000 in recurring rental income to its growing portfolio of supermarket real estate.
For more information about this transaction, click here.