Befimmo signs an agreement with Beobank for the occupancy of a tower of about 22,000 m² in the Quatuor (60,000 m²), in state of future completion, for a fixed term of 15 years

Befimmo announces the signing of an agreement* 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 Building**, 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 passive*** 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 services**** 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.

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*Under the condition precedent of obtaining the permit.

**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.

***According to Brussels legislation.

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

Click on the following link to download the press release:

Befimmo SA - Quatuor - EMBARGO 07 03 17 - 6.10 PM



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Source: Befimmo SA via Globenewswire