Cushman & Wakefield Belgium is pleased to announce its role as advisor to LSGIB in the successful sale of Ville2, one of Belgium’s most prominent shopping centres, to Wereldhave Belgium. An agreement between parties has been reached and the closing is foreseen in December 2025. The transaction, valued at approximately €120 million, represents a significant milestone in the Belgian retail investment market and highlights the enduring appeal of prime retail assets in strategic urban locations.
Ville2, located in the heart of Charleroi, boasts a gross leasable area of approximately 27,100 sq m and attracts around 4 million visitors annually, ranking third in footfall density among Belgian shopping centers. Anchored by leading international brands such as C&A, Fnac, H&M, New Yorker, ONLY, Rituals, and Sportsdirect, the centre offers strong fundamentals and clear potential for further value creation through Wereldhave Belgium’s Full Service Center strategy.
Victoria Tanret comments : “This transaction is historical, as it is the first sale of a core shopping centre on the Belgian retail market since many years. It demonstrates the resilience and long-term appeal of well-positioned retail assets in Belgium. Ville2’s strong tenant mix, high footfall, and strategic location in Charleroi make it an exceptional investment opportunity. We are delighted to have supported LSGIB in this landmark deal and to see Wereldhave Belgium further strengthen its portfolio in Wallonia.”
About Ville2
Built in 1990 and renovated in 2022, Ville2 is a prime mixed-use shopping centre featuring approximately 122 tenants across diverse categories, including fashion, food, beauty, home décor, jewelry, leisure, multimedia, and services. The centre offers 2,000 free parking spaces and is located in a vibrant mixed-use area adjacent to a hospital and a Cinemax Pathé cinema.