Regulatory Filings • Dec 30, 2013
Regulatory Filings
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Brussels, 30th December 2013 5.40 p.m. Regulated information
On 11th June 2013, IMMOBEL and its partner announced the sale, under conditions precedent, to Hannover Leasing and a major Asian institutional investor, of their stake in RAC 1 S.A., the company holding the first phase of the Belair project.
The actual transfer of ownership of the shares in RAC 1 remained conditional upon provisional acceptance of the building by the occupant and the buyers.
IMMOBEL announces the achievement of a first important step in this large-scale, complex project (approx. 80,000 m²), i.e. the signature on 30th December 2013 of provisional acceptance by the Belgian Buildings Agency on behalf of its occupant, the Federal Police.
The lease, which will generate rent, will come into effect on 1st January 2014.
For more information: Gaëtan PIRET*, CEO T. +32(0)2 422 53 23 * SPRL [email protected]
IMMOBEL is since 150 years a major player in property development in Belgium. It is also active in the Grand Duchy of Luxembourg and in Poland. Its business covers the office, residential and landbanking sectors, as well as, when the opportunity arises, retail, ensuring the diversification of its portfolio of projects. Its vision of the market and its expertise enable it to design, develop and manage ambitious real estate projects that create long-term value while respecting the environment and integrating the major issues facing society.
IMMOBEL is listed on NYSE Euronext Brussels as «IMMOBEL». For further information see: www.immobel.be
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