Europe’s largest listed property company, Unibail-Rodamco, has been selected by the City of Brussels as the new co-developer of the NEO 1 project, with the 112,000 m² ‘Mall of Europe’ as its centerpiece.
The Franco-Dutch retail giant will develop and operate the Mall of Europe, representing a €550 million investment, while its partners CFE and Besix will develop the residential element. Unibail-Rodamco said that the 230-unit shopping center will feature a ‘complete set of 4-star services, iconic shop fronts, a 9,000 m² ‘Dining Experience’ element with 30 restaurants, the largest cinema in Belgium with 4,000 seats, and the first indoor ‘Spirouland’ in the world, at the heart of a 15,000 m² leisure center. The project, expected to open in 2021, targets a Breeam Excellent certification.
