CONTACT US
Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1}

Historic retail complex ‘De Post’ in Ghent sold

Victoria Tanret • 06/03/2025

The iconic building is located on Korenmarkt in the heart of the city of Ghent, in the main touristic area. This square seamlessly connects two major shopping high streets, Langemunt and Veldstraat. 

BE_Retail_De Post_CardImage.jpg

In 1998, the building was sold by the Belgian Post Office. Subsequently, the upper floors were transformed into apartments. In late 2016, the ground floor was redeveloped into a shopping centre while the upper floor was converted into a luxury hotel. 

The retail component counts 6 tenants, offering a strong commercial mix. The main tenants are Albert Heijn, Le Pain Quotidien and Sissy-Boy.

Victoria Tanret comments : “The retail market remains a highly attractive and resilient market, where quality assets continue to perform. This sale reaffirms investor confidence in exceptional locations and proves there is ample liquidity for the right opportunity.”
Cushman & Wakefield was exclusively mandated by Columbia Threadneedle for the sale. The purchaser is a local investor, and the transaction volume is approximately € 20 million. The transaction concerns only the retail section of the building complex.


About Cushman & Wakefield
Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In 2024, the firm reported revenue of $9.4 billion across its core service lines of Services, Leasing, Capital markets, and Valuation and other. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit www.cushmanwakefield.com External Link.

CAN'T FIND WHAT YOU'RE LOOKING FOR?

Get in touch with one of our professionals.
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Cookies.
MORE OPTIONS
Agree and Close
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS