Wereldhave
WHA • AMS
Real Estate • REIT
Market Cap
€850.0M
Founded
1930
Employees
230
Headquarters
Schiphol, Netherlands
Company Description
Wereldhave is a real estate company that owns and operates shopping centers in the Netherlands, Belgium, Luxembourg, and France. Unlike traditional malls focused solely on retail, Wereldhave has transformed its properties into mixed-use destinations combining shopping, dining, entertainment, health and wellness services, and sometimes residential or office space. The company's 22 center locations serve as convenience-driven community hubs, offering daily necessities alongside leisure experiences. Wereldhave has invested heavily in modernizing its centers with food halls, fitness facilities, healthcare clinics, and entertainment venues—responding to the shift in consumer behavior that favors experiences over pure shopping. The portfolio is valued at €2.3 billion, with properties distributed across the Netherlands (48%), Belgium (44%), and France. Founded in 1930 and headquartered near Schiphol Airport, Wereldhave is one of the oldest listed real estate companies in Europe. The company is listed on Euronext Amsterdam and holds a nearly 70% stake in Wereldhave Belgium, which is separately listed on Euronext Brussels. Wereldhave Belgium is expanding its sustainability infrastructure, targeting 350 EV charging points by 2026. With approximately 230 employees, Wereldhave is led by CEO Matthijs Storm, while CFO Dennis de Vreede announced he will step down in May 2026 after eight years with the company. Wereldhave continues its transformation from a traditional shopping center owner into a creator of community destinations where retail is just one component of a broader offering.