What BRICKSTONE does

Brickstone Retail Beheer B.V. ("Brickstone") is a specialized Dutch retail real estate advisory firm founded in 2010 and headquartered in Amsterdam. The firm serves international retail chains, institutional investors, listed real estate companies, private equity parties, and family offices across the Netherlands, Belgium, and Germany. Service offerings span five pillars: Lease Advisory (portfolio optimization and renegotiation), Letting (tenant-landlord matching on A1 locations), Restructuring After Insolvency (bankruptcy restart support and mass lease renegotiation), Capital Markets (investment and divestment advisory), and Asset Management (portfolio optimization for investors).

The company is co-founder-controlled by Derrick Das, Feiko Witteveen, and François Mulkens, with later partner additions Frank Elferink (Capital Markets, joined 2015) and Ralph Noyen (shopping centers/supermarkets, joined 2017), supported by an Advisory Board including Robert Weisz and Erik-Jan Bulstra. There is no proprietary technology platform; delivery is entirely partner-led through direct advisory engagements. Notable mandates include a 23-property portfolio sale for Patrizia across 11 Dutch cities, 200-lease renegotiations for Green Swan's Intertoys acquisition, restructuring support for Scotch & Soda's post-bankruptcy restart, and capital markets advisory for major international investors including Unibail-Rodamco, Tristan Capital Partners, Schroders Capital, AEW, and CBRE Investment Management.

Revenue is generated through transaction-based commissions (courtage on koopsom or huursom) and professional services fees, billed on a pay-as-you-go basis with individually negotiated rates. No public pricing tiers exist. The firm employs approximately 11 people, operates without external institutional capital or disclosed funding rounds, and reports no standalone revenue figures. Customer concentration is diversified across more than 40 named enterprise logos spanning retail, fashion, grocery, and institutional real estate.

Name

BRICKSTONE

Legal name

Brickstone Retail Beheer B.V.

Website

https://brickstone.nl

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

11–50 employees

Short description

Brickstone is an Amsterdam-based retail real estate advisory firm serving international retailers, institutional investors, and private equity across the Netherlands, Belgium, and Germany. It provides transaction, lease restructuring, capital markets, and asset management services via a partner-led model with no proprietary technology platform.

Ownership category

akta.pro rank

Headquarters

HQ city

Amsterdam

HQ country

Netherlands

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Revenue model

1. Courtage (Commission): Brickstone earns commission based on the value of real estate transactions completed. For purchase/sale transactions, commission is calculated as a percentage of the koopsom (purchase price). For rental transactions, commission is based on the huursom (rental sum) for the first year of the lease. Courtage becomes due and payable upon the completion of the underlying agreement. The company also charges for costs and expenses incurred on behalf of clients.
2. Advisory and Consulting Fees: Fees for providing advice on portfolio optimization, lease restructuring, tenant representation, and other advisory services. According to their general terms, fees may include reimbursement of costs and expenses, and in case of assignment withdrawal, a reasonable compensation may be charged for work already performed.

Pricing tiers

Go-to-market motion2 records

Distribution channels1 record

Marketing channels3 records

Core offering

Brickstone is a retail real estate advisory firm providing services to retailers and investors across the Netherlands, Belgium, and Germany. Its core offerings include Lease Advisory, Letting, Restructuring After Insolvency, Capital Markets, and Asset Management. The firm specializes in complex situations such as post-bankruptcy restructuring, mass lease renegotiation, and multi-property portfolio transactions.

Product overview

Brickstone is a retail real estate advisory firm offering a unified suite of services centered around commercial property transactions and portfolio management. The company operates across five interconnected service pillars: Lease Advisory (portfolio optimization and lease renegotiation for retailers), Letting (tenant-landlord matching for retail spaces in the Netherlands, Belgium, and Germany), Reconstructuring After Insolvency (advisory during retail chain bankruptcies and turnarounds), Capital Markets (investment and divestment advisory for retail properties), and Asset Management (active portfolio optimization for investors and developers). Additionally, general Advisory services support clients with strategic real estate decisions. These services are delivered by a team of real estate professionals with expertise spanning the Benelux and German markets, and clients include international retail chains, institutional investors, family offices, private equity, and public real estate companies.

Differentiator

Problem solved

Functional benefit

Products and services

• Lease Advisory Advisory services to retailers regarding their portfolio including rent adjustments, lease renewals, portfolio reorganization, relocations, and all other matters related to agreements and real estate.
• Letting Guiding retailers in renting retail space and landlords in renting retail space on A1 locations in the Netherlands, Belgium, and Germany.
• Restructuring After Insolvency Advisory services to involved parties for the takeover of retail chains after bankruptcy, including restructuring and renegotiating lease agreements after a restart or acquisition.
• Capital Markets Advisory and guidance to private and institutional investors for investing in and selling retail real estate.
• Asset Management Proactive collaboration with investors and developers to further optimize existing asset portfolios.

Quantifiable outcome

• Renegotiated lease terms with majority of landlords for Scotch & Soda after bankruptcy restart
• +3 more outcomes

Named customers52 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered minor.

• Ronald McDonald Huis UMCminorOthersBrickstone actively supports social initiatives that have a positive impact on the community. The firm contributes to the Ronald McDonald Huis UMC, which provides accommodation for families of seriously ill children during treatment at the university medical center. Partner François Mulkens serves on the board of this organization.
• Prinses Máxima CentrumminorOthersBrickstone supports the Prinses Máxima Centrum, the Dutch pediatric oncology center. This aligns with the company's commitment to supporting social initiatives that benefit children and families in the Netherlands.
• De AteliersminorOthersBrickstone supports De Ateliers, an art institution. Partner François Mulkens serves as Chairman of the Kunstinstelling Ateliers Support Fund (ASF), demonstrating the firm's commitment to arts and culture in Amsterdam.
• Gilat KinderziekenhuistheaterminorOthersBrickstone supports the Gilat Kinderziekenhuistheater, a theater program for children's hospitals that brings entertainment and joy to young patients.

Scale indicators3 records

Recent moves4 records

Expansion highlights2 records

Broad incumbents

• CBRE: Largest global CRE services firm; Brickstone's legal counsel Helen Kasteel previously worked at CBRE Investment Management. CBRE competes for the largest cross-border retail mandates and asset management engagements that Brickstone targets.
• Savills: Global CRE advisory where co-founder Feiko Witteveen began his retail career in 2008. Savills competes for institutional retail capital markets mandates and tenant representation across the Benelux and Germany.
• Colliers International: Global CRE services firm active across Europe in retail leasing, investment sales, and advisory. Competes with Brickstone for institutional retail mandates in NL/BE/DE.
• Cushman & Wakefield: Global commercial real estate services firm that is Brickstone's most direct institutional competitor for retail mandates across NL/BE/DE. Notably, all three Brickstone co-founders and partners Ralph Noyen and Frank Elferink previously worked at Cushman & Wakefield's Retail and Capital Markets divisions.
• JLL (Jones Lang LaSalle): Global CRE advisory competing for retail capital markets, leasing, and asset management mandates in the Benelux and Germany. JLL's pan-European platform and institutional investor relationships put it in direct competition with Brickstone.
• Knight Frank: Global CRE advisory with active retail capital markets and tenant representation practices across Europe. Competitor for institutional retail mandates in the Benelux region.

Others

• Wereldhave: Listed Dutch real estate investor specializing in shopping centers and retail; while primarily an owner/operator rather than advisor, it represents both an institutional client of Brickstone and a benchmark for retail real estate exposure in the Benelux.

Regional players

• MVGM: Large Dutch property management and real estate services firm providing property management, brokerage, and advisory across asset classes including retail. Competes with Brickstone in Dutch retail mandates.
• Dynamis: Dutch real estate advisory and brokerage firm serving commercial real estate across multiple asset classes including retail. Regional competitor for Dutch retail mandates.
• REAS Adviseurs: Dutch commercial real estate advisory firm focused on retail, offices, and logistics in the Netherlands. A more direct Dutch regional competitor to Brickstone for retail leasing, investment, and advisory mandates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/brickstone-retail

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BRICKSTONE