The next shift is already forming
Out-of-town retail is being redefined — bigger formats, longer leases, new tenant mixes. We help investors position ahead of that shift, not react to it.
Out-of-town retail isn't a single format
It’s retail parks, standalone roadside units, and everything being repositioned between them. Tenant mixes are consolidating, formats are shifting toward experience and click-and-collect, and repositioning decisions now carry consequences that play out over years, not quarters.
- Tenant mixes shift faster than lease terms account for.
- Catchment and format data sit scattered across sources that don't talk to each other.
- Repositioning a retail park — or a standalone unit — is a multi-year bet most investors size up too late.
Retail real estate outperforms residential
It outperforms on the numbers most investors don’t see at first: yields of 5–7%, against 3–4% for residential. Out-of-town assets add to that — often long leases with national tenants who cover their own fit-out and upkeep for the length of the contract. E-commerce reshaped part of this market. It didn’t remove the appeal of the formats that adapted.
Out-of-town retail is where Avenue started.
That’s not a legacy we mention — it’s an edge we still use.
Off-market first
We don't wait for retail park and portfolio deals to surface — we track ownership changes and repositioning moves before they reach the market.
Investment consultant, not broker
We don't just execute the transaction. We think about the whole portfolio — a sale-leaseback structure, a tax-efficient share deal, or the case for repositioning an asset instead of exiting it. Single unit or multi-asset portfolio, the thinking doesn't change.
Long-term partnership
We've built long-term relationships with the owners and investors who move in this market — across acquisition, disposal and lease restructuring. A small, senior team means direct lines, and we stay close long after a deal closes.
Format intelligence
We track catchment shifts, tenant mix evolution and repositioning trends across both retail parks and standalone retail warehouses, not just rent rolls.
No two investors work the same way. We shape every opportunity around your risk appetite, timeline and structure.
Hendrik Evens
Leads Avenue's out-of-town investment practice — long-term vision, short lines to the people who decide.
Decision Hub
WE DON’T FOLLOW DEMAND. WE CREATE IT.
A conversation with Hendrik, Kenneth and Stijn — six years in. Three friends. Backgrounds in international real estate.
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