www.leasinvest.be
PRESS RELEASE
Leasinvest sells the building Esch 25 in Luxembourg
15/12/2020 - 17:40h
PRESS RELEASE 15/12/2020 - 17:40h
LEASINVEST SELLS THE BUILDING ESCH 25 IN LUXEMBOURG
Sale Esch 25 in Luxemburg
Today, Leasinvest Real Estate sold an office building of 1,750 m², located Route d'Esch 25 in Luxembourg City. The transaction has been realized for an amount of € 13 million, costs for the buyer, which represents a yield of 4.8%.
"Leasinvest focuses on further dynamising its portfolio by divesting older buildings and concentrating on sustainable new projects."
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PRESS RELEASE 15/12/2020 - 17:40h
For more information, contact
Leasinvest Real Estate
MICHEL VAN GEYTE
Chief Executive Officer
T: +32 3 238 98 77
- michel.van.geyte@leasinvest.be
On LEASINVEST REAL ESTATE SCA
Leasinvest Real Estate SCA is a Public BE-REIT (SIR/GVV) that invests in high quality and well-locatedretail buildings and offices in the Grand Duchy of Luxembourg, Belgium and Austria.
On 30/09/2020, the total fair value of the directly held real estate portfolio of Leasinvest amounted to € 1.12 billion, spread across the Grand Duchy of Luxembourg (54%), Belgium (30%) and Austria (16%).
Moreover, Leasinvest is one of the most important real estate investors in Luxembourg.
The public BE-REIT is listed on Euronext Brussels and has a market capitalization of
approximately € 475 million (value 14 December 2020).
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LeasInvest Real Estate SCA published this content on 15 December 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 15 December 2020 17:22:07 UTC