Eindhoven, 18 Septemberplein/ Demer / Hermanus Boexstraat

Description

Eindhoven forms the heart of a global hotspot for high tech innovation and design: the Brainport region. Together with Amsterdam (Airport) and Rotterdam (Seaport), Eindhoven’s Brainport is an essential pillar of the Dutch economy. Also, the city is home to the Eindhoven University of Technology and to the Design Academy Eindhoven, and with over 35,000 international working in the region, it has a thriving international community. The numerous and well-known events such as Glow and Dutch Design Week attract over 1.7 million foreign visitors every year.

The city is a primary shopping destination in a catchment area of 800,000 inhabitants. Shopping in Eindhoven is both enjoyable and easy. The city has an attractive retail offer with both national and international retail chains. These factors make Eindhoven one of the most visited shopping cities of The Netherlands, with a large influx of Belgian and German visitors. By many retailers, Eindhoven is claimed to be a thriving city with strong volumes and turnover value, which is among the top 3 in The Netherlands.

The subject property on 18 Septemberplein is situated in the very heart of the city centre of Eindhoven on a prime, pedestrianized retail location, just opposite De Bijenkorf and Piazza Shopping Centre and near Eindhoven Central Station. Further the property connects both Demer (number 4 shopping street in The Netherlands in terms of footfall) and Hermanus Boexstraat, where Primark is to be found just next door.

The characteristic building is currently being redeveloped into a state-of-the-art retail property of some 9,000 square metres. Of this total, approximately 4,350 m² is let to C&A for their new flagship format situated over 4 levels. The remainder of some 4,550 m² situated in the basement, on the ground floor and the three upper floors and thus offering maximum flexibility in layout is now available for lease as from Q3 2019.