- Property management
- My Montea
20,723 m² State-of-the-art distribution centre at Flexport, Liege airport
12,802 m² State-of-the-art distribution centre for Edialux (Pelsis Group) in Bornem
10,108 m² TAPA-A distribution centre for World Wide Flight Services (WFS) in Brucargo
Positive impact on Montea’s most important objectives
Together, the developments represent an investment value of € 29.6 million, whereby Montea has achieved its growth target of € 900 million at he end of 2018. Given their term of years, these contracts will even improve the average term of > 8 years on the first expiry date.
Upon full rental, the initial yield amounts to 6.75% and the rental income increases by € 2.16 million.
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