The Netherlands

In 2016, a consortium of investors advised by Crossroads acquired in an off-market transaction 38 high street retail assets in the Netherlands, totaling 110,600 square meters, leased to HEMA, one of Netherlands most prominent retailers. HEMA is one of the leading general merchandise retailer in the Netherlands, offering a wide range of well designed, good value everyday household items, under the HEMA brand name. 

The Portfolio generates a stable and long dated income with a potential upside driven by best in class asset management. Crossroads intends to early divest certain core assets, re-gear leases with HEMA and diversify the rent roll through selective tenant replacements

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