Regulatory Filings • Jun 27, 2011
Regulatory Filings
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Aalst, 27th June 2011 – MONTEA (NYSE Euronext/MONT/MONTP) has announced today the signature of a lease agreement with Schenker NV at the site in Mechelen and the extension of the lease agreement with VDAB for a fixed period of 9 years at the site in Aalst, Tragel.
Montea and Schenker NV have signed a lease agreement for the last available warehouse space at the site in Zandvoortstraat, Mechelen Noord. In line with Montea's strategy, the building accommodates clients operating in both the logistics sector and the distribution sector.
With a total area of 22,599 m², the building in Mechelen Noord represents 12% of Montea's property portfolio in Belgium. The site is situated in an excellent location alongside the E19 motorway between Brussels and Antwerp. It was refurbished recently and fitted with solar panels.
Schenker NV is the Belgian branch of DB Schenker Logistics and employs 525 people at six sites: Antwerp (corporate office and ocean freight activities), Brucargo (air freight activities), Mechelen (land transport activities), Waregem (land transport, air freight and ocean freight activities), Willebroek (logistics and supply chain management) and Zeebrugge (ocean freight activities).
Montea and VDAB have signed a fixed 9 years lease agreement for 5,561 m² at the Tragel site in Aalst. This extension has been agreed on lease terms that are in line with the existing lease agreement.
Montea Comm. VA is a property investment company (Sicafi – SIIC), specialized in logistics and semi-industrial real estate in Belgium and France. The company wants to become a reference player in this market. Montea offers more than just storage sites and wants to give leasing clients flexible and innovative property solutions, thus creating value for its shareholders. As from 31/03/2011 the company's property totaled 437,601 m² distributed over 30 locations. Montea Comm. VA has been listed on NYSE Euronext Brussels (MONT) and Paris (MONTP) since the end of 2006.
Jo De Wolf +32 53 82 62 62 [email protected]
www.montea.com
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