Saturn is opening a flagship store in the Netherlands. The German electronics retailer is leasing 10,000 m2 at MAB Development's Spinoza Rotterdam development project, for what will be one of Saturn's largest locations in Europe.

Saturn and MAB Development signed the rental agreement at the Mapic retail real estate fair in Cannes on Thursday. MAB said the lease runs for 'several years'.

MAB Development is developing the Spinoza project on the Coolsingel, next to the former Luxor theatre, in Rotterdam. With the redevelopment of the existing General Bank and the demolition/new build of the Spinoza House, MAB will develop a total of 25.000 m2 for retail, cafés and restaurants, offices and apartments. The plan is designed by Allies and Morrison Architects, and will be delivered in mid-2014.

The opening of the large Saturn store is in line with Rotterdam’s ambition to strengthen the Coolsingel as a shopping area. 'Saturn will be a major crowd puller for the Coolsingel and an important booster to the area,' said Françoise Dechesne, director of MAB Development Nederland.

With over 264 stores in 12 countries, Saturn is one of the largest electronics retailers in Europe. The retailer has 10 stores in the Netherlands.

MAB Development - part of Rabo Real Estate Group - has offices in the Netherlands, Germany and France, and focuses on the development of mixed-use and retail projects.