ATENOR : Agreement on the sale of an office building of the Au Fil des Grands Prés project in Mons (Belgium)

Press release

AGREEMENT ON THE SALE OF AN OFFICE BUILDING OF THE AU FIL DES GRANDS PRES

PROJECT IN MONS (BELGIUM)

La Hulpe, 10 January 2020

ATENOR announces that an agreement has been reached with the Office National de l'Emploi (ONEM) regarding the sale of an office building of the AU FIL DES GRANDS PRES project. The ONEM is a public social security institution appointed by the federal government to manage the unemployment benefit system and certain employment-related measures.

In August 2012, ATENOR signed an agreement on the acquisition of two parcels of land in the future "Calatrava" station district, linking it to Mons historic center.

In 2015, works started in order to develop a new sustainable district including residential units, offices and local shops.

AU FIL DES GRANDS PRES is strategically located in Mons, in a district undergoing major redevelopment, opposite the Grands Prés shopping centre. The site is near to the Imagix cinema complex, the Mons Expo exhibition hall and the congress centre designed by the well-known architect Daniel Libeskind.

The project is divided into two phases. Phase one started in 2015 with the construction of 266 residential units, all sold. Phase two will be allocated to the development of around 350 residential units and over 14,000 m² of offices and local shops.

AU FIL DES GRANDS PRES is determinedly oriented towards sustainable design, with particular emphasis on strict comfort and energy saving criteria. The office part of the project will meet NZEB (Nearly Zero Energy Building) requirements.

The sale in future state of completion concerns the office building 01 of a floor area of 2,917 m² whose permit, cleared of any claims, was issued by the Walloon Region authorities on 20 November 2019.

At the same time, negotiations are still in progress for the commercialisation of the remaining floor areas.

This sale will have a positive impact on ATENOR results in 2020 and 2021.

ATENOR is a real estate development company quoted on Euronext Brussels. Through our urban planning and architectural approach, we aim to provide appropriate responses to the new requirements being imposed by developments in urban and professional life. Within this framework, ATENOR invests in large scale property projects meeting strict criteria in terms of

location, economic efficiency and respect for the environment
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For more detailed information, please contact Stéphan Sonneville SA, CEO or

William Lerinckx for Probatimmo BV, Executive Officer

 +32-2-387.22.99 -  +32-2-387.23.16 - e-mail :[e-mail] - www.atenor.eu