Orchestra-Prémaman SA leases 5,550 m² in Canal Logistics Brussels as of 4 December 2013 for an 8-year period, resulting in the site of nearly 50,000 m² being let for 100%. Canal Logistics Brussels is one of the most important state-of-the-art logistics sites in the Brussels-Capital Region, ideally located alongside the Brussels Canal and the Brussels Ring road, only 5 minutes away from the city centre and 10 minutes from Brussels Airport.

 

The French group Orchestra founded in 1995, of which Prémaman became part since July 2012, is market leader in baby supplies, maternity fashion and children's wear, from birth till 14 years, and operates in a number of European countries. Orchéstra-Prémaman will use the Canal Logistics site as a logistics platform for the supply of its shops in the Brussels Region.

 

Leasinvest Real Estate has granted a leasehold to ORKA that installed solar panels on the roof of Canal Logistics in the course of 2013. ORKA focuses on the development and operation of renewable energy projects and more specifically solar energy.

Leasinvest Real Estate is aware of the importance of sustainability and of the ways it can contribute as a more sustainable company. With a surface of 49,775 m² and 14,220 solar panels, this installation will have a production capacity of 3.15 GWh/year, which corresponds to the average energy consumption of 920 households and also reduces the annual CO2 emission by no less than 640 tons.

 

Jean-Louis Appelmans, CEO: "This last rental contract signed at Canal Logistics again proves its potential as a high-quality site at an excellent location. We are also very pleased with the sustainable contribution of Canal Logistics to the production of green energy and the important reduction in CO2 emission."

 

For more information, contact:

Leasinvest Real Estate

Jean-Louis Appelmans

CEO

T: +32 3 238 98 77

E: jeanlouis.appelmans@leasinvest.be

 

Leasinvest Real Estate SCA

 

Real estate investment trust (sicafi/vastgoedbevak) Leasinvest Real Estate SCA mainly invests in high quality and well-located shops, offices and logistics buildings in the Grand Duchy of Luxembourg and in Belgium. The consolidated real estate portfolio comprises 54 buildings and represents a total surface of 436,858 m².

The sicafi is listed on Euronext Brussels and has a market capitalization of approximately ? 360 million (value 18/12/2013).
LRE_Lease Canal Logistics_ENG:
http://hugin.info/134797/R/1751327/590339.pdf


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Source: Leasinvest Real Estate Comm. VA via Globenewswire
HUG#1751327