Intervest Offices & Warehouses NV

Notice of Dividend Amount • May 25, 2016

Regulated information embargo till 25/05/2016, 6:00 pm

Antwerp, 25 May 2016

Result of the optional dividend in shares for financial year 2015:

• 57% of the shareholders opt for shares
• Sign of confidence in growth plan
• Shareholders' equity strengthened by € 11,6 million

The shareholders of regulated real estate company Intervest Offices & Warehouses have opted for 57% of their shares entitled to dividend for a contribution of their dividend rights in return for new shares instead of payment of the dividend in cash.

This leads for Intervest Offices & Warehouses to a strengthening of its shareholders' equity by € 11,6 million (share capital and share premium) by means of the creation of 545.171 new shares, as a result of which the total number of shares of Intervest Offices & Warehouses as of today, 25 May 2016, amounts to 16.784.521. The remaining dividends are paid in cash for a total gross amount of € 16,2 million (including withholding taxes).

This capital increase provides a decrease of the debt ratio of 1,8% compared to a 100% distribution of the dividend in cash. The funds not paid out in cash will be used by Intervest Offices & Warehouses for financing its growth plan, whereby additional expansion in logistics real estate and re-orientation in the office portfolio form the general principles.

The actual settlement of the dividend payment will take place as at Thursday 26 May 2016, by which, depending on the shareholder's choice, new shares, issued in return for the contribution of dividend rights, will be delivered, or the dividend for 2015 will be paid out in cash, or a combination of both previous payment options will take place.

The newly created shares will be listed as from Friday 27 May 2016 and will be tradable as from that moment on Euronext Brussels. The new shares are entitled to the results of Intervest Offices & Warehouses as from 1 January 2016 (first dividend payable in May 2017).

Result of the optional dividend in shares for financial year 2015

Notification in accordance with article 15 §1 of the Act of 2 May 2007 regarding the notification of major participations (Transparency act):

Following this capital increase and the issue of 545.171 new shares at a total subscription price of € 11.568.528,62, i.e. € 4.967.827,63 as share capital and € 6.600.700,99 as share premium, the total share capital of Intervest Offices & Warehouses as at 25 May 2016 amounts to € 152.947.620,35.

As of today, the capital is represented by 16.784.521 fully paid-up ordinary shares. There are no preferred shares. No outstanding options or warrants have been issued that entitle their holder to shares. Each of the shares carries one voting right on the general meeting and these shares represent the denominator for the purpose of notifications under the Transparency act (i.e. notifications in case of a.o. reaching, crossing or falling below the statutory or legal thresholds). In addition to the legal thresholds, the Intervest Offices & Warehouses articles of association specify an additional statutory threshold of 3% in accordance with article 18, §1 of the Transparency act.

Intervest Offices & Warehouses nv, 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 Offices & Warehouses invests in high-quality Belgian office buildings and logistics properties that are leased to first-class tenants. The properties in which the company invests, consist primarily of up-to-date buildings that are strategically located 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. Intervest Offices & Warehouses distinguishes itself by offering 'turn-key solutions', a global solution 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, tel: + 32 3 287 67 87, http://corporate.intervest.be/en/offices