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WP Carey Inc Acquires Tommy Hilfiger European Distribution Center

Wednesday, 1 May 2013 08:00am EDT 

WP Carey Inc announced that it has acquired the main European distribution center of the Tommy Hilfiger Group from its current landlord, Aspen Real Estate Investments BV. The total acquisition cost for the facility was approximately EUR30 million ($38.8 million). The facility is subject to an existing net lease with Tommy Hilfiger Europe B.V. Headquartered in Amsterdam, Tommy Hilfiger Europe B.V. represents the European business of the Tommy Hilfiger Group. In Europe, Tommy Hilfiger sells to more than 9,000 wholesalers and owns / operates 118 retail stores and 43 outlet stores. 

Company Quote

26 Nov 2014