Cofinimmo announces today the closing of an agreement concerning the disposal of a long lease on the Montoyer 14 building, for a period of 99 years.
The disposal amounts to €13 million, which is above the last investment value of the expert at 31.12.2013. The building is located rue Montoyer 14 in 1000 Brussels, in the European district. It is currently 100% rented to prime tenants. The long-term leaseholder is an investment company acting for several institutional investors.
Xavier Denis, Cofinimmo Chief Operating Officer: « Cofinimmo is pleased with this transaction, which allows the company to pursue its strategy of active portfolio management. »