Press release
direct/ Wereldhave NV: Purchase in Villalba, Spain
On July 20, 2007, Wereldhave has purchased a retail- and leisurecentre in Spainin Collado Villalba, 41 kilometers northwest of Madrid.The Planetocio centre is situated next to the highway Madrid-La Coruna and wasopened in 2001. It provides 22,666 m(2) lettable area with 980 parking spaces.The centre is divided into 93 units, spread over three floors, with a largesupermarket, several fashion shops and restaurants, a cinema, a fitness centreand an indoor ice skating track. The branch mix consists of 36% shops, 33%leisure and 31% restaurants. The centre is almost fully let.
Planetocio has a primary catchment area of 200,000 inhabitants. In the nextdecade, over 43,000 new homes will be built in this area.
The purchase price amounts to €53 mln. The net initial yield amounts to 6.25%.
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