Leasinvest Real Estate signs sales agreement for phase 2 of Canal Logistics in Neder-over-Heembee, Belgium (BE)

Leasinvest Real Estate has signed a sales agreement with regard to the sale of phase 2 of the logistics building Canal Logistics in Neder-over-Heembeek for an amount of €16.75 mln net, which is not lower than the fair value.
The building comprises 20,664 m² of storage space and 1,250 m² of offices and is very well located alongside the Brussels-Charleroi canal, just 10 minutes away from the city center and Brussels Airport.
This transaction will have a positive impact on the occupancy rate, as the rental contract with the previous tenant for this phase 2 ended on 1 November 2014.
Source: Leasinvest