Amsterdam, 19 June 2025 – On behalf of the Altera Retail Fund, Altera has signed a purchase agreement for the sale of the Sint Jorisplein shopping centre and underground car park in Amersfoort. The signing took place at Altera’s stand during PROVADA.
Sint Jorisplein is an inner-city shopping centre which forms the starting point for a day of shopping in the historic centre of Amersfoort, partly thanks to its central location next to the Q-Park car park. The shopping centre covers an area of over 16,700 m² and comprises more than 30 retail units of various sizes. It is home to various well-known international and national tenants, including H&M, The Sting, Scapino, C&A, Sissy-Boy, Intertoys and, as of 1 August, Mango. Large retail units are scarce in Amersfoort city centre, which is why larger tenants have found a home at Sint Jorisplein.
The car park beneath the shopping centre has 448 spaces and is leased to Q-Park on a long-term basis. With charging points for electric cars and future facilities for shared mobility, the car park is an important link in the city centre’s mobility infrastructure.
Erwin Wessels, CIO at Altera, says: “Our focus is on a portfolio with future value, centred on food and convenience in strong catchment areas. The sale of Sint Jorisplein is in line with our strategy of phasing out non-strategic properties and using the capital to acquire neighbourhood shopping centres and supermarkets.”
Altera recently acquired the Fenikshof convenience centre in Nijmegen, as well as the Rijkerswoerd neighbourhood shopping centre in Arnhem. The sale of Sint Jorisplein brings the portfolio up to 99% convenience retail, a segment characterised by stability, higher direct returns, and relatively low sensitivity to e-commerce and economic fluctuations. This makes it ideally suited to institutional investors.
Altera was advised by BRIKKS and 3stone Real Estate Partners, and received legal assistance from Dentons for the sale. The buyer, Meerdervoort®, was advised by McDevitt, while KroesePaternotte advised Orange Investment Managers.
