Brief: Intervest Offices & Warehouses Acquires Strategic Site In Ghent Seaport Via Sale-And-Lease-Back

Intervest Offices & Warehouses NV

11/01/2023 17:13

Jan 11 (Reuters) - Intervest Offices & Warehouses NV
 PRIF.BR :
    * INTERVEST OFFICES & WAREHOUSES NV ANNOUNCES LEASE A
SALE-AND-LEASE-BACK OPERATION IN GHENT SEAPORT
    * ACQUIRES STRATEGIC SITE IN GHENT SEAPORT VIA
SALE-AND-LEASE-BACK
    * THE 56.000 M² SITE, STRATEGICALLY LOCATED AT SKALDENSTRAAT
IN
THE GHENT SEAPORT, COMPRISES A PRODUCTION SITE OF 22.200 M² ON
WHICH PLASMAN CARRIES OUT ITS OPERATIONAL ACTIVITIES
    * CONCLUDED A 10-YEAR LEASE WITH PLASMAN, WITH TWO OPTIONS
TO
EXTEND EACH 5 YEARS AT MARKET CONDITIONS
    * ACQUISITION WITH AN INVESTMENT VALUE OF € 14,25 MILLION,
REPRESENTS A NET INITIAL YIELD OF OVER 6,25%. PLASMAN WAS
ASSISTED BY CBRE IN THIS TRANSACTION

Source text for Eikon:  ID:nGNE3nFqJ7 
Further company coverage:  PRIF.BR 
 (Gdansk Newsroom)
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