The sicafi Leasinvest Real Estate (Euronext Brussels, LEAS) sold on 19/12/11, through a transfer of a branch of economic activity, an office building located in the business park Alpha Campus in Zwijndrecht (near Antwerp) to the company Integrale Immo Management SA, subsidiary of Integrale 'c.c.a.', specialized in complementary pensions, for an amount of € 7.7 million (transfer costs excluded).
This transaction comprises an office building (3,487 m²) with integrated workshops (355 m²), a warehouse (639 m²), approx. 125 outdoor parking spaces, the underlying land (approx. 6,725 m²), together with the real estate leasing contract concluded with the lessee occupying the building.
A limited realized capital gain of € 0.4 million on this transaction will be booked in our financial year 2011.
For more information, contact:
T: +32 2 761 04 70
M: +32 498 49 51 38
Laurent de Spirlet
Real Estate Director
M : +32 475 66 66 06
Leasinvest Real Estate SCA
Real estate investment trust (sicafi) Leasinvest Real Estate SCA mainly invests in high quality and well-located offices, logistics and retail buildings in Belgium and the Grand Duchy of Luxembourg.
The sicafi is listed on Euronext Brussels and has a market capitalization of 242 million euro (value on 20 December 2011).