Belgium

Wereldhave Belgium has reached an agreement with Equilis, acting on behalf of Fidagh SA, on the acquisition of all shares in the company owning the supermarket anchor unit in shopping center Ville2 in Charleroi with a total gross lettable area of 2.712 m². Following the acquisition, Wereldhave Belgium will own 100% of the shopping center.

The international discounter is facing challenges in the region, as Lidl Belgium did not generate profit the previous year. To correct and enhance their financial results, the company plans on addressing the issue, investigating the main cause for failure.