NORMAL LEASES IN UTRECHT AND HILVERSUM

Kroonenberg Groep has reached an agreement with Normal for two long-term leases in Utrecht and Hilversum, respectively. The Utrecht lease concerns a retail space of around 840 m2 at Oude Gracht 163. In Hilversum, it concerns a retail space of 592 m2 in the Hilvertshof shopping centre.

NORMAL is a Danish retail chain that first opened its doors in Silkeborg, Denmark, in April 2013. It has since grown into a chain of more than 850 stores in Denmark, Norway, Sweden, the Netherlands, France, Finland, Portugal and Spain. NORMAL sells normal products at abnormal prices. The range includes skin, hair and dental care, make-up and cleansers from well-known branded goods and food items.

The lease in Utrecht commenced 1 September 2024 and the store is now open. The lease in Hilvertshof will start on 1 April 2025 and the store will open its doors after a brief fitting-out period.

Kroonenberg Groep was advised in the Utrecht transaction by Cushman & Wakefield and KroesePaternotte, and by KroesePaternotte for the Hilvertshof transaction. The tenant was assisted by Kokelenberg & Ouwehand.