Wereldhave welcomes De KOOPman in former Hudson's Bay property - Management Board cuts base salary
May 06 2020 - 11:45AM
Wereldhave welcomes De KOOPman in former Hudson's Bay property -
Management Board cuts base salary
Wereldhave N.V. announces today it has signed a lease
with De KOOPman for the former Hudson’s Bay property in Tilburg and
its Management Board will reduce their base salary by 15% for a
period of three months.
De KOOPman to enter former Hudson’s Bay
propertyWereldhave signed a lease with De KOOPman concept
store in the inner-city of Tilburg to be located in the property
formerly occupied by Hudson’s Bay. De KOOPman is a new and
aspirational formula from The Sting Companies focusing on ‘the
latest fashion at low prices’ with brands like Sutherland, April
Evil and Bella Ragazza.
De KOOPman leases the whole former 13,170 m2 department store on
a temporary basis with a minimal period of twelve months. Signing
this lease is a major step forward for the redevelopment of the
inner-city of Tilburg, which is one of Wereldhave’s key committed
developments. The opening of the store is expected in June 2020.
Wereldhave will continue to investigate transformation plans for
some parts of this location into alternative uses. The newly
redeveloped top-spot location is the eye-catcher of Tilburg
inner-city, with entrances to the Heuvelstraat and Pieter
Vreedeplein. It strengthens the city-center of Tilburg as a
shopping destination, which will be further enhanced by the
development of the Frederikstraat Zuid.
Wereldhave considers this an important strategic step in the
redevelopment of the inner-city of Tilburg: “We are delighted with
this new partnership with The Sting Companies and have confidence
in the new concept of De KOOPman. It is a strong addition to the
fashion offer in the inner-city of Tilburg and connects seamlessly
to the needs of our target groups. The choice of The Sting
Companies for a second formula in Tilburg proves the strength of
the city as shopping destination,” says Doris Slegtenhorst,
Business Unit Manager Wereldhave Nederland.
Management cuts base salary due to COVID-19
Due to the COVID-19 pandemic, the statutory Management Board of
Wereldhave has decided to further align themselves with its
shareholders and tenants and therefore taken the initiative to
lower their salaries by 15% for a period of three months.
Furthermore, the Management Board now has in total 87,259 shares
vested and unvested to underwrite their confidence in the strategic
direction of the Company.
- PB - Wereldhave welcomes De KOOPman in former Hudson's Bay
property - Management Board cuts base salary
Wereldhave NV (EU:WHA)
Historical Stock Chart
From Mar 2024 to Apr 2024
Wereldhave NV (EU:WHA)
Historical Stock Chart
From Apr 2023 to Apr 2024