Leasinvest Real Estate raises, already after one day, the foreseen maximum amount of EUR 75 million through issuing of a bond loan

- Regulated press release

Leasinvest Real Estate SCA notifies that the public bond offering in Belgium is closed anticipatively, already after the first day of the subscription period, in consultation with the Joint Lead Managers, Belfius Bank NV/SA, BNP Paribas Fortis NV/SA and ING Bank N.V., Belgian Branch, because the maximum amount of EUR 75 million has been reached.

The Joint Lead Managers received subscriptions for an amount that was higher than the foreseen maximum amount of the issue of EUR 75 million. Because of the oversubscription, the subscriptions will be proportionally reduced. The investors will receive more information on this matter via their financial intermediary.

This bond offers an annual gross coupon of 3.75%. This represents a gross actuarial yield of 3.399% on an annual basis and the net annual actuarial yield is 2.472%.[1]

The net proceeds of this issue amount to approximately EUR 74.8 million and will be used for concretising the company strategy and more specifically to fund its growth and further diversification, as well as to diversify its funding sources, and moreover to ensure an extension of the average duration of debt.

Leasinvest Real Estate thanks the investors for their confidence.

The bonds will be issued and admitted to trading on the regulated market of NYSE Euronext Brussels on 9 October 2013.

More information on this public offering can be found in the Prospectus issued by Leasinvest Real Estate SCA on 25 September 2013, as approved by the Financial Services and Markets Authority (FSMA) on 24 September 2013. The prospectus, consisting of a registration document, transaction note and a summary, is available on the website of Leasinvest Real Estate SCA (www.leasinvest.be), as well as on the websites of Belfius Bank NV/SA (www.belfius.be/leasinvestRE), BNP Paribas Fortis NV/SA (www.bnpparibasfortis.be/emissions) and ING Bank N.V., Belgian Branch (www.ing.be - under "Investments - Bonds").


For more information, contact:
Leasinvest Real Estate
Jean-Louis Appelmans
T: +32 3 238 98 77
E: jeanlouis.appelmans@leasinvest.be


Leasinvest Real Estate SCA

Real estate investment trust (sicafi/vastgoedbevak) Leasinvest Real Estate SCA mainly invests in high quality and well-located shops, offices, and logistics buildings in Belgium and the Grand Duchy of Luxembourg. The consolidated real estate portfolio comprises 53 buildings and represents a total surface of 424,858 m².

The sicafi is listed on Euronext Brussels and has a market capitalization of approximately € 346 million euro (value 26/09/2013).



This announcement cannot be considered to be an offer or a solicitation for offering in a jurisdiction where such an offer would be illegal (without respecting the required obligations with regard to registration or without respecting the relevant conditions with regard to exemptions of mandatory registration).

This announcement is not intended for distribution, direct or indirect in the United States of America, Canada, Japan or Switzerland or any other jurisdiction where this distribution would be illegal. The bonds are not offered in the United States.

In the European Economic Area (except for Belgium) this announcement is only intended for qualified investors in the sense of the European Directive 2003/71 (as amended).

No notice, nor information, relating to the bond loan may be distributed to the public in other jurisdictions than Belgium, if the legal requirements thereto have not been respected. The Issuer cannot be held liable for non-respecting the legal requirements by other persons.

[1] Calculation based on the current withholding tax rate, namely 25%, for private investors.