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2016-05-11

Leasinvest Real Estate Comm. VA: Leasinvest Real Estate signs usufruct agreement with European Parliament for to be redeveloped Montoyer building in Brussels

On 27/04/2016 a usufruct agreement, for a fixed and irrevocable term of 21
years, was concluded with the European Parliament relating to the office
building Montoyer 63 in 1000 Brussels that will be redeveloped. As of the
date at which the current lease with the European Parliament ends, the
building will be entirely demolished and rebuilt.

The building will comprise 6,052 m2state-of-the-art office space and will meet
the high technical demands expected by the lessee. Montoyer 63 is located in
the Leopold district, amidst the European institutions, where there is
currently a lack of new high-quality office buildings. The urban permit has
been granted at the beginning of 2016 and the objective is to obtain a BREEAM
'excellent' certificate for this building at reception, foreseen in Q3 2018,
date at which the usufruct agreement will enter into force. The European
Parliament will house its training center in this brand new and centrally
located building.

CBRE intervened in the realization of this transaction.

Jean-Louis Appelmans
, CEO of Leasinvest Real Estate:"The realization of this important agreement
is again a confirmation of the
quality of the buildings in our portfolio. It also demonstrates how important
targeted and specific real estate offers have become. We are very pleased
with this deal that will substantially increase the duration of our
portfolio."

For more information, contact:

Leasinvest Real Estate Leasinvest Real
Estate

Michel Van Geyte Jean-Louis
Appelmans

Chief Investment Officer Chief Executive
Officer

T: +32 3 238 98 77 T: +32 3 238 98
77

E:michel.van.geyte@leasinvest.be
E:jeanlouis.appelmans@leasinvest.be

Leasinvest Real Estate SCA

Regulated real estate company (B-REIT) Leasinvest Real Estate SCA invests in
high quality and well-located retail buildings, offices and logistics
buildings in the Grand Duchy of Luxembourg, in Belgium and in Switzerland.

At present the total fair value of the directly held real estate portfolio of
Leasinvest amounts to over
nearly € 870 million
spread across the Grand Duchy of Luxembourg (54%), Belgium (41%) and
Switzerland (5%). Moreover, Leasinvest is the largest real estate investor in
Luxembourg.

The total portfolio is invested in retail (42.2%), offices (42.1%) and
logistics (15.7%).

The RREC is listed on Euronext Brussels and has a market capitalization of
approximately € 500 million (value 10 May 2016).
LRE Montoyer Brussels
http://hugin.info/134797/R/2011921/745024.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Leasinvest Real Estate Comm. VA via Globenewswire

HUG#2011921

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