SB enters into a long-term contract with Action for the Prinsenpassage

SB Real Estate has entered into a long-term agreement with Action in the Prinsenpassage. With that, the Prinsenpassage is more or less completely filled.

SB Real Estate is happy to welcome Action to the Prinsenpassage. Action will be located on the first floor, on Prins Constantijn Promenade, and will have a total shop floor area of around 1,350 (GFA). The shop will be opening at the beginning of July.

In the last year, in addition to Action, SB Real Estate has entered into new rental agreements with Blokker (around 425 m² GFA) and Rituals (around 220 m² GFA) and also several local businesses (Chicas Winny & Alice, Mini Me, Het Lichtparadijs, Fotoplus Ben Hofland, Amara Fashion, Enamorada Fashion, Beautysalon Jahn en Taco Verbeek (total around 1,030 m² GFA)).  Blokker opened back in October 2021 in the Prinsenpassage and is located at the heart of the shopping arcade. Rituals moved into the Prins Constantijn Promenade 36 on 1 April 2022, a prominent location next to renters Hunkemoller, Bruna and Douglas. These rental transactions have enabled SB to drastically reduce the vacancy percentage to almost zero.

Yarrid Knijnenburg, project manager at SB: “We got to work right from the start on getting more commercial pulling power into the Prinsenpassage. We succeeded in retaining almost all renters and establishing new local businesses there. The addition of Action will only add to the attraction of the Prinsenpassage.”

SB Real Estate acquired the Prinsenpassage from Wereldhave in February 2021. The owner’s ambition is to radically modernise the complex, make it more sustainable and add homes, in the spirit of the master plan for Bogaard Stadscentrum.

SB Real Estate is a joint enterprise of HAL Investments, Marcel Kokkeel and Heino Vink and focuses on the redevelopment of outdated shopping centres. SB Real Estate’s current development projects include De Aarhof in Alphen aan den Rijn, the Citypassage in Veldhoven and the Prinsenpassage in Rijswijk.

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