PRESS RELEASE

Brussels, under embargo until 27 April 2022, 7:00 AM CET Euronext Brussels, code ISIN : BE0974374069 / INCLU.BR

Acquisition of a reception centre for asylum seekers

Brussels, 27 April 2022. Inclusio, the Belgian REIT specializing in social real estate, is pleased to announce the acquisition of the Nonceveux reception centre for asylum seekers located in Aywaille.

The building was built in 1981 and is let to the Red Cross of Belgium since 1997. A new addendum to the lease contract was signed in November 2021 and guarantees the occupancy of the building until 30 September 2030.

The building is located along the Amblève river and develops a gross lettable area (GLA) of 7.296 m². The housing capacity is approximately 220 beds and the centre is very well integrated in its local environment with good interactions with the population and public authorities of Aywaille. For example, all children under 12 years of age accommodated in the centre are attending the school in the village.

Inclusio committed itself to a significant renovation program including the replacement and isolation of the roof of one of the wings of the building and the replacement of most windows and frames over the next two years.

Marc Brisack, CEO Inclusio : « Inclusio was already leasing to the Red Cross a reception centre for asylum seekers in Jette. The opportunity to purchase this new building and to profoundly renovate it is perfectly in line with Inclusio's strategy to invest in social real estate. Next to affordable housing units and buildings for people with disabilities, the « Social Infrastructure" category of our real estate portfolio now exceeds € 25 millions.»

Marie Polard, Communication Manager for the department "Reception of Asylum seekers" with the Red Cross of Belgium : " Since 1997, the reception centre of Nonceveux is operated by the Red Cross and accommodates men, women and children while their procedure for international protection is running and until a decision is taken on whether or not they should be granted a refugee status.The building had to be evacuated in July 2021 after the flooding of last summer . After six months of hard work, we have been able to again receive close to 200 residents since January 2022. Today we are pleased to continue the collaboration with Inclusio. We are confident that the improvement and maintenance of the building will proceed smoothly with this dedicated investor. This partnership will allow us to offer better accommodations to these people going through a tedious process.»https://www.facebook.com/centreCr.Nonceveux

For further information, please contact us:

Marc BRISACK, CEO T : +32 475 20 01 94marc.brisack@inclusio.be

Lionel VAN RILLAER, COO T : +32 499 54 45 47lionel.vanrillaer@inclusio.be

Press contact :

Gunther De Backer

Partner, Backstage Communication +32 475 903 909gunther@backstagecom.be

About Inclusio

Inclusio is a Belgian REIT specialized in social real estate in Belgium and has been listed on Euronext Brussels since 10 December 2020. Its investment activities are broken down in three categories : Affordable Housing, Facilities for people with disabilities and Social Infrastructure..

www.inclusio.be

Avenue Herrmann-Debroux 40, 1160 Bruxelles - BE 0840.020.295

Follows us on :

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

Inclusio SCA published this content on 27 April 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 April 2022 05:04:17 UTC.