230dc091-e7b5-4319-830c-8c25d2d7f432.pdf PRESS RELEASE 02/02/2016 Embargo until 18:00h


QRF SELLS TWO NON-STRATEGIC RETAIL PROPERTIES


Qrf, the Belgian REIT specialised in inner-city retail properties, closed the sale of two non-strategic retail properties in Geraardsbergen (17 Oudenaardsestraat) and Maasmechelen (69-71 Pauwengraaf).

The net selling price after deduction of the registration duties amounts to 1.83 MEUR, which is above the Fair Value on 30 December 2015. The properties are let to C&A Kids and Kruidvat and together generate an annual rental income of 118 KEUR.

This divestment is in line with the dynamic management of Qrf geared to optimising the real estate portfolio. Furthermore, the transaction provides Qrf additional financial resources to support the qualitive growth of the portfolio.


Qrf Comm. VA • Regulated Real Estate Company (B-REIT) under Belgian law • Leopold de Waelplaats 8/1 • B-2000 Antwerp Tel. +32 3 233 52 46 • Fax +32 3 369 94 24 • info@qrf.be • www.qrf.be • Company no. 537 979 024 • RPR Antwerp

PRESS RELEASE

02/02/2016 Embargo until 18.00h


FOR MORE INFORMATION:


Investor relations:


Anneleen Desmyter (CEO)

Anneleen.desmyter@qrf.be

+32 3 233 52 46

+32 476 98 21 94


Preben Bruggeman (CFO)

Preben.bruggeman@qrf.be

Retailers or vendors of inner-city real estate:


Bert Weemaes (COO)


Bert.weemaes@qrf.be


+32 477 47 79 11


+32 496 15 80 44


About Qrf:


Qrf is a listed Belgian REIT (GVV/SIR) specialized in the niche market of retail properties. More specifically, the company focuses on the acquisition, development and leasing of centrally located city premises, within areas known as the "golden mile" - inner-city streets with major catchment areas. In doing so, Qrf targets cities with a catchment area of at least 50,000 consumers and specific streets with high numbers of footfall. At December 30, 2015, the portfolio consisted of 42 retail properties with a total Fair Value of more than 215 MEUR (we refer to the press releases dated December 8 and 9, 2015).


Qrf has been listed on Euronext Brussels (QRF:BB) since December 2013. At December 30, 2015 the company's market capitalization was 121 MEUR


For more information and the latest press releases, please visit our website: www.qrf.be or our LinkedIn page: www.linkedin.com/company/qrf

Qrf Comm. VA issued this content on 02 February 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 02 February 2016 16:54:05 UTC

Original Document: http://www.qrf.be/sites/default/files/2016-02-2 Press Release portfolio update - ENG.pdf