Leasinvest Real Estate divests the office building Kiem in the Grand Duchy of Luxembourg
(Thomson Reuters ONE) -
On 16 March 2015 Leasinvest Real Estate has sold the office building Kiem
located rue Kiem in Strassen in the Grand Duchy of Luxembourg to a private
investor for an amount of ? 6.3 million (excluding costs), which corresponds to
the fair value. The building comprises 1,700 m(2) and 50 parking spaces.
The building is located in the periphery and is part of a complex of 3 similar
office buildings located between the route d'Arlon and the rue Kiem. The
occupancy of the building was only 20% and it is not considered as strategic.
For more information, contact:
Leasinvest Real Estate
Jean-Louis Appelmans
CEO
T: +32 3 238 98 77
E: jeanlouis.appelmans(at)leasinvest.be
Leasinvest Real Estate SCA
Regulated real estate company (B-REIT) Leasinvest Real Estate SCA invests in
high quality and well-located retail buildings, offices and logistics buildings
in the Grand Duchy of Luxembourg, in Belgium and in Switzerland.
At present the total fair value of the direct held real estate portfolio of
Leasinvest amounts to over ? 750 million spread across the Grand Duchy of
Luxembourg (59%), Belgium (36%) and Switzerland (5%). Leasinvest is the largest
real estate investor in Luxembourg.
The total portfolio is invested in retail (45%), offices (35%) and logistics
(20%).
The RREC is listed on Euronext Brussels and has a market capitalization of
approximately ? 450 million (value 17 February 2015).
LRE Divestment Kiem Luxembourg:
http://hugin.info/134797/R/1904603/677574.pdf
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other applicable laws; and
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Source: Leasinvest Real Estate Comm. VA via GlobeNewswire
[HUG#1904603]
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Bereitgestellt von Benutzer: hugin
Datum: 18.03.2015 - 18:07 Uhr
Sprache: Deutsch
News-ID 379533
Anzahl Zeichen: 2321
contact information:
Town:
Antwerp
Kategorie:
Business News
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"Leasinvest Real Estate divests the office building Kiem in the Grand Duchy of Luxembourg"
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Leasinvest Real Estate Comm. VA (Nachricht senden)
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