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Leasinvest Real Estate has now entered into a long-term lease with Bank Nagelmackers SA for the entire Monteco building. The lease agreement, starting from the date of acceptance of the building, scheduled for the 3rd quarter of 2022, was concluded for a period of 12 years at the rate of a rent of 295 euros / m².

Monteco of 3,674 m², strategically located at the corner of Montoye and Rue de l’Industrie in 1000 Brussels, in collaboration with promoter ION, is completely redeveloping an office building that will be a reference to sustainable “recyclable buildings”. In addition, Monteco will be the first timber-framed high-rise building in the Leopold district of Brussels and a CO2-neutral passive office building. The building was designed by Archi 2000 Architects. The aim of this building is to obtain the BREEAM Excellent certificate. More information at: https://leasinvest.be/en/portfolio/monteco/.

The deal was carried out with the participation of BNP Paribas Real Estate.

Michelle Van Geite, CEO:

“Monteco is the best example of Leasinvest’s ambitious sustainability goals. The fact that the building was rented out mainly a year before it was taken over to an excellent tenant once again confirms the success of Leasinvest’s green choice. ”

For more information contact

Lizinvest Real Estate

MICHEL VAN GATE

Director of the company

T: +32 3 238 98 77

Email Mail: michel.van.geyte@leasinvest.be

ABOUT LIZINVEST REAL ESTATE SCA

Leasinvest Real Estate SCA is a public company BE-REIT (SIR / GVV) that invests in high quality and well located retail and office buildings in the Grand Duchy of Luxembourg, Belgium and Austria.

Currently, the total fair value of Leasinvest’s directly owned portfolio is € 1.13 billion, spread across the Grand Duchy of Luxembourg (56%), Belgium (28%) 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 cap of € 403 million (value at 1 July 2021).

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