“We have been advising Equity Estate for over 15 years and have greatly enjoyed the relationship and seamless collaboration with the Equity Estate team.

Jean-François Vandenberghe, Lawyer (partner), Baker & McKenzie, Brussels

Equity Estate Expands portfolio with acquisition in Westfield Mall of the Netherlands

14-5, 2025

Equity Estate has acquired four retail units and an office space in Westfield Mall of the Netherlands on behalf of Dutch Partners. The total floor area spans over 4,100 sqm. The retail units are leased on long-term contracts to a mix of (inter)national tenants, including C&A and Stone22, and are located in the most heavily trafficked area of the shopping centre.

Westfield Mall of the Netherlands, comprising approximately 125,000 sqm, was completed in 2021 following a large-scale redevelopment that began in 2015. Since its opening, it has positioned itself as the leading shopping destination in the Netherlands, attracting over 15 million visitors annually.

This acquisition aligns perfectly with Dutch Partners’ strategy of sustainable growth in the Dutch retail market through investments in prime urban and shopping centre locations. The Dutch Partners portfolio now includes assets in The Hague, Maastricht, Deventer, Enschede, Amersfoort, Apeldoorn, and, as of now, Westfield Mall of the Netherlands.

In this transaction, Equity Estate was commercially advised by CBRE, legally by Dentons, and technically by Stevens & Van Dijck. The seller was represented by Cushman & Wakefield and legally advised by DLA Piper.

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