Brief: Intervest Acquires New Site In Tessenderlo

Intervest Offices & Warehouses NV

14/01/2022 07:04

Jan 14 (Reuters) - INTERVEST OFFICES & WAREHOUSES NV
 PRIF.BR :
    * INTERVEST OFFICES & WAREHOUSES NV ACQUIRES 60.000 M² SITE
IN
TESSENDERLO
    * WITH AN INVESTMENT VALUE OF € 30 MILLION, THE TRANSACTION
OFFERS
INTERVEST PERSPECTIVE FOR THE FUTURE IN TERMS OF DEVELOPING THE
SITE STRATEGICALLY AND SUSTAINABLY FOR THE LONG TERM
    * WEIGHTED AVERAGE REMAINING LEASE PERIOD UNTIL THE NEXT
EXPIRY
DATE (WALB) INCREASES TO 5,3 YEARS (4,8 YEARS AS AT 30 SEPTEMBER
2021) AND UNTIL THE END OF THE AGREEMENT (WALE) TO 6,3 YEARS
(5,8 YEARS AS AT 30 SEPTEMBER 2021), FOR THE LOGISTICS PORTFOLIO
    * TRANSACTION IS FINANCED FROM INTERVEST'S EXISTING
AVAILABLE
CREDIT LINES WITH FINANCIAL INSTITUTIONS

Source text for Eikon:  ID:nGNE9VjDr9 
Further company coverage:  PRIF.BR 

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