Action rents retail space in shopping centre In den Vijfhoek in Oldenzaal

Realfort carries out asset management on behalf of Unibail-Rodamco and has coordinated the transaction.

Unibail-Rodamco has signed a long-term leasing agreement with Action for the rental of retail space in shopping centre In den Vijfhoek in Oldenzaal.

Action’s new location is part of a revitalisation programme that includes the shopping centre, the surrounding public space and the housing on the parking deck, which is being made sustainable by the Woningcorporatie WBO Wonen.

The shopping centre consists of 8.000 sqm of retail space where retail chains such as Albert Heijn, Blokker, Kruidvat, Die Grenze and Gall&Gall have already been established. In 2017 Unibail-Rodamco also signed a lease with the Stichting Openbare Bibliotheek Oldenzaal to rent 900 sqm of space in shopping centre In den Vijfhoek. This will give Oldenzaal a modern library that will help to revitalise the social heart of the city centre.

The retail space is expected to be delivered to Action over the course of 2019.