Befimmo : Beobank first major tenant of the Quatuor

REGULATED INFORMATION EMBARGO | 07 MARCH 2017 | 6.10 PM

Befimmo announces the signing of an agreement1 with Beobank on the occupancy of a tower of about 22,000 m² in the Quatuor project (60,000 m²), located at the corner of the inner ring road and the Boulevard du Roi Albert II in Brussels. The agreement provides for the building to be made available for a fixed term of 15 years as from its delivery in the course of 2020. Within this framework, the current lease of Beobank in the La Plaine building, located in the decentralised area of Brussels, will be extended until that date.

The Quatuor, which will replace the current Noord Building2, will benefit from a strategic location in the North area of Brussels, facing the city centre, close to the metro and the Gare du Nord. Consisting of four autonomous office buildings that form an architectural unit, the project was designed to ensure very extensive flexibility in terms of occupation. It meets the highest quality, innovation and environmental performance standards. Befimmo aims for a BREEAM "Excellent" certification in the Design phase for this passive3 project.

The environmental permit was delivered in February 2017. Following the unanimous favourable opinion of the Concertation Committee, the town planning permit is expected in the course of March.

"This fine transaction with Beobank confirms the appeal of the North area and the quality of Befimmo's projects. We wish to thank Beobank, a faithful tenant for nearly 25 years, for its confidence, and are convinced that this new cooperation will be a success. Within the framework of the services4 we provide for our customers, we support Beobank in the follow-up and the realisation of the initial installation works", says Benoît De Blieck, CEO of Befimmo.

A third of the Quatuor project is thus pre-let more than

3.5 years before its delivery.

The Quatuor project opens the path to the renewal of the North area of Brussels, illustrated by the arrival of major "corporate" tenants, who have committed to take up office space in the 2020s.

1 Under the condition precedent of obtaining the permit.

2 For more information, please consult the press release of 16 February 2017 published on the Befimmo website: http://www.befimmo.be/sites/default/files/imce/publications/New%20folder/befimmo_sa_-_annual_results_2016_-

_embargo_16_02_2016_-_5_40_pm.pdf?fp=1572796925.

3 According to Brussels legislation.

4 For more information, please consult the page http://www.befimmo.be/en/tenant-center of the Befimmo website.

Befimmo is a Belgian REIT (SIR/GVV), a real-estate operator specialised in high-quality office buildings located in Belgium, mainly in Brussels and the other main Belgian cities, and the Grand Duchy of Luxembourg.

Its portfolio currently consists of around one hundred office buildings, with a total space of more than 850,000 m².

As at 31 December 2016, the fair value of the portfolio was assessed at €2,511.7 million.

The Company strives to enhance its current portfolio while seizing any investment opportunity that can create value for its shareholders.

Listed on Euronext Brussels since it was created, Befimmo pursues a strategy of optimising its results over the long term.

Befimmo endeavours to incorporate the challenges of sustainable development into its strategic thinking, and models its day-to-day activities on the principles of social responsibility.

Further infomation: Befimmo SA

Email: c.kerremans@befimmo.be | www.befimmo.be