Befimmo : ZIN - Analyst Presentation 12.03.19

ZIN

Development of a multifunctional site covering 110,000 m²:

•  75,000 m² of office space

•  14,000 m² of housing

•  16,000 m² of hotel

•  as well as sport, hospitality and retail space

•  Estimated total construction cost of the project: €375 million

ZIN | 70,000 m² of offices fully pre-let

Largest transaction on the Brussels office market in over ten years

•  70,000 m² let to the "Vlaamse Overheid"

•  Fixed 18 years lease term

•  Start of lease in 2023

3

ZIN | A smooth process

31.12.2018

31.12.2016

31.12.2017

International architecture contest Belgian Architecture c December 2016 September

ontest 2017

Permit introduction

July 2018

Permit expected 2020

70,000 m² prelet to the "Vlaamse

Overheid"

Befimmo participating in the public tender of the "Vlaamse Overheid"

October 2017

Acquisition process WTC 1

Temporary occupation WTC 1 and

co-creation process

Lease WTC 2

&

Start of phase 1 of works

Q1 2019

End of lease WTC 2 31 December 2018

Delivery of ZIN 2023

Start of the 18 years lease with the

"Vlaamse Overheid"

P 4

ZIN | A unique on site co-creation process

•  Design phase: building team working in existing tower 1

•  Maximal use of the existing attributes of the site and the neighbourhood