Earnings Release • May 27, 2015
Earnings Release
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Aalst, 27 May 2015 – Montea (MONT) has registered strong growth on the Dutch market in the last 18 months. Today, Montea announced the appointment of Hylcke Okkinga as Director Netherlands and the opening of its office in Tilburg (NL).
By appointing a manager in the Netherlands, Montea wishes to bolster local presence. Hylcke Okkinga will assume the post of Director Netherlands as of 1 June 2015. Thanks to his affinity of long standing with the Dutch logistics real estate market, Hylcke Okkinga is well placed to expand Montea's Dutch real estate portfolio.
Hylcke Okkinga had worked as partner for Cushman & Wakefield since 2002, where he spent considerable time in the Capital Markets Logistics Department. In the beginning of
2010 he launched a new office for C&W in Rotterdam.
Hylcke Okkinga will expand the Dutch activities from a new office in Tilburg. The office is located in the EnTrada office complex, 1 Ellen Pakhurststraat, in Tilburg and will be operational as of 15 June 2015.
Montea currently has 21 sites in Belgium, 7 in the Netherlands and 16 in France. The Dutch market has prospects for growth because of the central role that the Netherlands play in European distribution.
Hylcke Okkinga, Director Netherlands: "Montea has already managed to invest in a solid Dutch portfolio of several logistics sites throughout the Netherlands. By getting a foothold at a strategic location in one of the logistical hot spots in the midst of its customers, Montea will be able to offer users of its premises the best possible service whilst expanding the Dutch portfolio further in terms of quality".
Montea Comm. VA is a regulated public property company (RPPC) under Belgian law, that specialises in logistical property in the Benelux and France. The company is a leading player in this market. Montea literally offers its clients the room to grow through versatile, innovative property solutions. This enables Montea to create value for its shareholders. On 8/05/2015 Montea was the first Belgian real estate investor to receive the Lean & Green Star in recognition for showing that CO2 emissions have been effectively reduced by 26% in the Belgian portfolio. As of 31/03/2015 Montea's portfolio of property represented total floor space of 663,562 m², spread across 43 locations. Montea Comm. VA has been listed on NYSE Euronext Brussels (MONT) and Paris (MONTP) since 2006.
Jo De Wolf www.montea.com
+32 53 82 62 62 [email protected]
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