Leasinvest Real Estate SCA divests the State Archives in Bruges
01 Dicembre 2020 - 5:40PM
Leasinvest Real Estate SCA divests the State Archives in Bruges
As already announced in the press release on the Q3 2020
results, the State Archives in Bruges have at present been sold,
via the transfer of 100% of the shares of RAB Invest NV, to the
listed regulated real estate company (SIR/GVV) QRF.
The building was sold for € 20.6 million, which is in line with
the latest fair value of 30/09/2020, defined by the independent
real estate experts.
Michel Van Geyte, CEO: “Leasinvest is satisfied
with this divestment that fits within the implementation of our
strategy, namely focusing on our core competences: excellently
located offices buildings in the central business districts of
Brussels and Luxembourg, and retail parks in the Grand Duchy of
Luxembourg and Austria”.
For more information, contact
Leasinvest Real Estate
MICHEL VAN GEYTE
Chief Executive Officer
T: +32 3 238 98 77
E: 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-located retail 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 € 463 million (value 1
December 2020).
- 2020 12 01 LRE Sale RAB_ENG