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Leasinvest Real Estate divests semi-industrial building of 5,015 m² in Meer


May 28, 2014 - London

On 28 May 2014 Leasinvest Real Estate has sold a semi-industrial building located in Meer to RAMA SA for a net amount of € 1,650,000, which is higher than the fair value end March 2014. It has a gross letting area of 5,015 m² and is entirely let to Dobla, producer of high-end chocolate decorations, with an annual rent of € 154,439.

This divestment fits within Leasinvest Real Estate's further strategy to divest smaller, non-strategic buildings.

 

For more information, contact:

Leasinvest Real Estate

Jean-Louis Appelmans

CEO

T: +32 3 238 98 77

E: jeanlouis.appelmans@leasinvest.be

 

Leasinvest Real Estate SCA

Real estate investment trust (sicafi) Leasinvest Real Estate SCA invests in high quality and well-located retail buildings, offices and logistics buildings in the Grand Duchy of Luxembourg and in Belgium. At present the real estate portfolio of Leasinvest comprises 32 sites of which 18 are located in the Grand Duchy of Luxembourg and 14 in Belgium, with a total real estate value of € 709 million.

The sicafi is listed on Euronext Brussels and has a market capitalization of approximately € 397 million (value 27 May 2014).
LRE Meer ENG



This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Leasinvest Real Estate Comm. VA via Globenewswire

HUG#1789281

GlobeNewswire

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