PRESS RELEASE

PRESS RELEASE
FOR IMMEDIATE RELEASE
For further information:
Evelyne Nossing
[email protected]
+31 20 202 2346
HENNES & MAURITZ SIGNS TWO LONG-TERM LEASE AGREEMENTS WITH
CBRE GLOBAL INVESTORS
Opening largest store in Europe and significant extension of existing store
Amsterdam, 24/07/14 – Hennes & Mauritz (“H&M”) has chosen two assets managed by
CBRE Global Investors to open its largest store in Europe and the largest store in the
southern part of the Netherlands.
De Koopgoot, Rotterdam’s main shopping centre will house H&M’s largest shop in Europe.
This will be a flagship store, where they will sell several collections and brands (H&M, Monki,
Weekday).
The store will cover three floors; the existing store at De Koopgoot level, extended to the
ground floor and first floor. With this lease De Koopgoot has found a sustainable, long term
tenant for its underused passage space that will strengthen the eastern part of the shopping
mall.
The long-term lease agreement comprises approximately 6,250 sqm GLA, and the opening of
the shop is scheduled for October 2014.
In the Heuvel Galerie shopping mall in Eindhoven, H&M will extend its store from 2,000 sqm
to 3,300 sqm, which will make it the largest store in the southern part of the Netherlands. The
extension comprises the lower floor of the shopping mall allowing the stores’ two floors to be
better connected. The shop will also be the first store to sell H&M Home in the Netherlands.
Jaap Démoed, fund manager of the CBRE Dutch Retail Fund said: “We are very pleased to
see an important international retailer like H&M choose two assets managed by CBRE Global
Investors. This transaction is an excellent example of our strategy to source the key retailers
which are in demand in order for us to enhance the retail mix within a prominent shopping
environment.
“We are continuously assessing ways to maximise the potential of our centres and improve
the shopping experience for all of our customers. In addition to the extension and
refurbishment work, tenant mix is extremely important and H&M is a key retailer which will
enhance our retail offer at both shopping malls.”
The two shopping malls De Koopgoot and Heuvel Galerie in Eindhoven are investments
which are part of the CBRE Dutch Retail Fund, a non-listed real estate fund managed by
CBRE Global Investors.
This fund for the fourth time in a row has outperformed the IPD/ROZ index on a 3-, 5- and 10
year base, making it one of the best performing retail funds in the Netherlands.
AuM year end
Return on standing investments, at portfolio
2013
level, in %
Euro millions
2013
3-year
average
5-year average
10-year
average
CBRE Dutch
Retail Fund
Indirect
IPD/ROZ Retail
Index
Outperformance
6.3%
6.3%
9.4%
1.1%
4.3%
4.6%
8.0%
2.6%
1.9%
1.7%
1.9%
2.9%
5.6%
6.3%
9.9%
1.1%
4.3%
4.6%
8.0%
1.7%
1.3%
1.7%
1.9%
1,701
Index
Outperformance
CBRE Dutch
Retail Fund Direct
IPD/ROZ Retail
3.7%
322
Cushman & Wakefield and Kokelenberg & Ouwehand advised CBRE Global Investors on the
Koopgoot deal.
The lease agreement for shopping mall ‘Heuvel in Eindhoven’ both Cushman & Wakefield and
RSP Makelaars from ´s-Hertogenbosch assisted CBRE Global Investors. For both leases
H&M was advised by I.V.N. Inter Vastgoed Nederland.
- ENDS About CBRE Global Investors
CBRE Global Investors is a global real estate investment management firm with $90.1 billion in assets under
management* as of March 31, 2014. The firm sponsors investment programs across the risk/return spectrum for
investors worldwide.
CBRE Global Investors is an independently operated affiliate of CBRE Group, Inc. (NYSE:CBG). It harnesses
the research, investment sourcing and other resources of the world’s premier, full-service commercial real estate
services and investment company for the benefit of its investors. CBRE Group, Inc. has approximately 44,000
employees in approximately 350 offices (excluding affiliates) worldwide. For more information about CBRE
Global Investors, please visit www.cbreglobalinvestors.com.
*Assets under management (AUM) refers to fair market value of real estate-related assets with respect to which
CBRE Global Investors provides, on a global basis, oversight, investment management services and other
advice, and which generally consist of properties and real estate-related loans; securities portfolios; and
investments in operating companies, joint ventures and in private real estate funds under its fund of funds
program. This AUM is intended principally to reflect the extent of CBRE Global Investors’ presence in the
global real estate market, and its calculation of AUM may differ from the calculations of other asset managers.

Download Report