On 31 December 2014 Leasinvest Real Estate has signed a sales agreement with regard to the sale of phase 2 of the logistics building Canal Logistics in Neder-over-Heembeek for an amount of € 16.75 million net, which is not lower than the fair value.

The building comprises 20,664 m² of storage space and 1,250 m² of offices and is very well located alongside the Brussels-Charleroi canal, just 10 minutes away from the city centre and Brussels Airport.

This transaction will have a positive impact on the occupancy rate, as the rental contract with the previous tenant for this phase 2 ended on 1 November 2014.

For more information, contact

Leasinvest Real Estate

Jean-Louis Appelmans

CEO

T: +32 3 238 98 77

E: jeanlouis.appelmans@leasinvest.be:
mailto:jeanlouis.appelmans@leasinvest.be

 

Leasinvest Real Estate SCA

Regulated real estate company (B-REIT) Leasinvest Real Estate SCA invests in high quality and well-located retail buildings, offices and logistics buildings in the Grand Duchy of Luxembourg, in Belgium and in Switzerland. At present the real estate portfolio of Leasinvest comprises 35 sites of which 18 are located in the Grand Duchy of Luxembourg, 14 in Belgium and 3 in Switzerland, with a total real estate value of nearly € 750 million.

The RREC is listed on Euronext Brussels and has a market capitalization of approximately € 452 million (value 5 January 2015).
LRE Sale Phase 2 Canal Logistics:
http://hugin.info/134797/R/1884756/665936.pdf


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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Leasinvest Real Estate Comm. VA via Globenewswire
HUG#1884756