Intervest Offices & Warehouses NV

Regulatory Filings • Jul 4, 2017

PRESS RELEASE

Regulated and inside information embargo until 30/06/2017, 11.45 am

Antwerp, 30 June 2017

Cooperation Intervest Offices & Warehouses, Group Machiels, MG Real Estate and DEME, obtains the development of zone B of the Ford site in Genk with "Genk Green Logistics".

Finalisation in contractual agreement with Flemish government can start.

Genk Green Logistics, the joint venture between Intervest, on the one hand, and Group Machiels, on the other hand, that is to be set up, in cooperation with developer MG Real Estate and DEME Environmental Contractors, will be responsible for the redevelopment of one of the most large-scale trimodal logistics hubs in Flanders.

The Flemish government is choosing with Genk Green Logistics to bundle complementary expertise regarding development of large-scale company premises, for the redevelopment of the Ford site in Genk into a logistics hotspot. Genk Green Logistics will be the ultimate investor. DEME Environmental Contractors acts as soil remediation contractor and MG Real Estate as promoter.

The assignment to Genk Green Logistics comprises only Zone B of the Ford site. Zone A is intended as public domain and for common purposes. De Vlaamse Waterweg is the owner of Zone C.

PRESS RELEASE

Regulated and inside information embargo until 30/06/2017, 11.45 am

Genk Green Logistics plans a full new development project at zone B, which will consist of a state of the art logistics complex of approximately 250.000 m² after full development. The aim is to develop this surface in phases, distributed among various buildings, over a period of 5 years according to estimations.

Detailed information regarding financing of the project, yields and other boundary conditions will systematically be communicated according to the progress of the different phases of the project.

The finalisation in the contractual agreement with Flemish government can start as from now. Initially it will be necessary to proceed to demolition and remediation works. The remediation of the soil and infrastructure will be coordinated by De Vlaamse Waterweg as an assignment for the Flemish Government. Meanwhile the development of substantial parts of the site can be started.

PRESS RELEASE

Regulated and inside information embargo until 30/06/2017, 11.45 am

The site is strategically located in the important logistics corridor Antwerp-Limburg-Liège. The total Ford site has a surface area of 133 hectares of which 42 hectares for zone B. The site has trimodal access via the Albert Canal, rail and the proximity of the E314 and E313. The large scale of the site and the trimodal access of the site are unique trump cards to put Genk Green Logistics on the map as a logistics hotspot.

Genk Green Logistics stands for a development plan with a clear commercial focus on e-commerce. Genk Green Logistics expects to attract herewith a broad range of users to the site, from e-commerce retail activities, e-fulfilment service providers to classic 3PL organisations. However, Genk Green Logistics will also be open to other logistics requirements or the smart manufacturing industry.

Genk Green Logistics will as reference project related to sustainability and spatial quality be realised as a logistics building complex, with high sustainable principles. The buildings will be certified BREAAM and equipped, among others, with advanced isolation, a water recycling system, economic led lighting, solar panels and will be CO2 neutral.

"Intervest is delighted to be able to develop this unique location into a logistics hotspot for Flanders with decisive and complementary partners. This development fits perfectly into our ambition for expansion of our logistics portfolio on strategic locations."

Jean-Paul Sols – ceo

Intervest Offices & Warehouses nv, (hereinafter Intervest), is a public regulated real estate company (RREC) founded in 1996 of which the shares are listed on Euronext Brussels (INTO) as from 1999. Intervest invests in high-quality Belgian office buildings and logistics properties that are leased to first-class tenants. The properties in which Intervest invests, consist primarily of up-to-date buildings that are strategically located in the city centre and outside municipal centres. The offices of the real estate portfolio are situated on the Antwerp - Mechelen - Brussels axis; the logistics properties on the Antwerp - Brussels - Nivelles and Antwerp -Limburg - Liège axis with further extensions in Belgium, the Netherlands and towards Germany. Intervest distinguishes itself when leasing space by offering more than square metres only. The company goes beyond real estate by offering 'turnkey solutions': a tailor-made global solution with the customer going from plans, design, coordination of works to budget monitoring.

For more information, please contact: INTERVEST OFFICES & WAREHOUSES nv, public regulated real estate company under Belgian law, Jean-Paul SOLS - ceo or Inge TAS - cfo, T. + 32 3 287 67 87. http://corporate.intervest.be/en/offices