Shopping center Terminal M in Meerhoven has been sold to a German investor.

LSREF5 Solit Meerhoven BV, managed by Propertize manager, has sold the shopping center to the German institutional fund KGAL.

Hessel Woltjer of Propertize: “With this sale we complete our strategy for the shopping center. The high occupancy rate and long contracts prove the great confidence of retailers in strong neighborhood centers such as Terminal M in Meerhoven, Eindhoven.”

Source: Colliers International (in Dutch).