In Switzerland, Hedin has entered into 15-year lease agreements for all divested properties in the Zurich region. The Group’s subsidiary, Hedin Automotive, will continue to operate its retail business at these locations under the new lease arrangements, ensuring continuity for customers, partners, and employees.
In Belgium, the properties located in Ghent and Antwerp have been sold without lease-back agreements. Operations previously carried out at these sites have already been relocated to alternative premises as part of Hedin’s ongoing network optimisation.
Proceeds from the divestments will be used to amortise existing property-related debt and support general corporate purposes, strengthening the Group’s financial position.
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