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    ATEB   BE0003837540

ATENOR

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Agreement on the sale of the productive activities area of City Dox (Brussels – Belgium)

10/29/2021 | 07:27pm EST

Press release

AGREEMENT ON THE SALE OF THE PRODUCTIVE ACTIVITIES AREA OF CITY DOX

(BRUSSELS - BELGIUM)

La Hulpe, 29 October 2021

ATENOR announces that an agreement has been reached with a private actor for the sale of 2,320 m2 of spaces dedicated to the productive activities of lot 3 of the City Dox project in Anderlecht. These spaces which construction is being finalized, will be delivered in January 2022.

This sale will have a limited impact on ATENOR results but stands up as an exemplary mixed project carried out by ATENOR for the last 10 years.

As a reminder, true to its credo as a city actor, in 2011 ATENOR committed to transforming the former 5.4 ha industrial wasteland to develop a new mixed, multi-functional and multi-generational district.

Ideally located in Anderlecht, along the canal, at the entrance to the city, 5 minutes from the Midi station and major roads and a real small urban island, City Dox welcomes housing, a rest home, shops, liberal professions, businesses and soon a school, in a green setting surrounded by parks and gardens.

The project is a real commercial success: the 344 apartments built have all been sold and the office spaces are occupied by renowned tenants such as UNILEVER and REGUS.

In addition, ATENOR is responding through this project to a local demand for affordable housing. Thus, a third of the apartments in lot 3 were reserved for City Dev. The field of lot 4 with the permits for the construction of 163 apartments has also been sold to HOME INVEST BELGIUM which will offer them for rental.

Confident in the potential of this district, ATENOR is continuing to develop City Dox to make it a pioneering and sustainable district where everything has been designed to facilitate the quality of life and working conditions of occupants and residents: soft mobility, secure locations for bicycles, intelligent waste management, rainwater harvesting, photovoltaic panels, urban vegetable garden, community gardens and a public park.

Finally, this agreement once again confirms the confidence that renowned private investors have in the future of this new district by contributing to the renewal of the Canal zone.

ATENOR is an urban real estate development company with European expertise listed on the Euronext Brussels market. Its mission aims to provide, through its sustainable and architectural approach, adequate responses to the new requirements imposed by the evolution of urban and professional life. In this context, ATENOR invests in large-scale real estate projects that meet strict criteria in terms of location, economic efficiency and respect for the environment.

Reuters ATE0.BR - Bloomberg : ATEB BB

For more information, please contact Stéphan Sonneville SA, CEO or William Lerinckx for LerinvestImmo SCS , Executive Officer

+32-2-387.22.99 - +32-2-387.23.16- e-mail : info@atenor.eu- www.atenor.eu

Disclaimer

Atenor SA published this content on 29 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 October 2021 23:26:08 UTC.


© Publicnow 2021
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Frank Donck Non-Executive Chairman
Andrea Pataki Administrative Assistant
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