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Montea Comm VA (MONTE.BR)

MONTE.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Montea Comm to acquire about 48 hectares of estate in Tiel‍​
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - MONTEA COMM VA ::REACHED AN AGREEMENT WITH DE KELLEN BV TO ACQUIRE CA 48 HECTARES ON THE DE KELLEN INDUSTRIAL ESTATE IN TIEL.‍​.THE PARTIES EXPECT TO CLOSE THE TRANSACTION, AFTER THE DUE DILIGENCE, BY Q1 2018‍​.TOTAL LEAD TIME FOR THE PROJECT IS ESTIMATED AT 4 TO 6 YEARS.  Full Article

Montea Comm continues growth at 3 airports by ca. 27,000 m²​
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - MONTEA COMM VA ::‍MONTEA CONTINUES GROWTH AT 3 AIRPORTS BY CA. 27,000 M²​.‍COMPANY WILL INVEST CA. EUR 4 MILLION ITSELF IN VARIOUS FACILITIES FOR PACKAGING OF GOODS.​.ACQUIRED A PLOT OF LAND OF CA. 15,000 M² AT ACTIVITY PARK SCHIPHOL LOGISTICS PARK‍​.ON ACTIVITY PARK SCHIPHOL LOGISTICS PARK: TRANSACTION REPRESENTS TOTAL INVESTMENT VALUE OF €7.12 MLN‍​.ON ACTIVITY PARK SCHIPHOL LOGISTICS PARK: TRANSACTION WILL GENERATE A NET INITIAL YIELD OF ABOUT 7.6%.LIEGE AIRPORT: LAUNCH OF NEW DEVELOPMENT OF 20,000 SQ. M AT FLEXPORT CITY.ON LIEGE AIRPORT: CONCLUDED BUILDING LEASE CONTRACT WITH LANDOWNER SOWAER.ON LIEGE AIRPORT: TOTAL INVESTMENT FOR PHASES 1, 2 AND 3 WILL AMOUNT TO € 15 MILLION.ON LIEGE AIRPORT: LEASE WITH MALYSSE-STERIMA FOR PERIOD OF 20 YRS AND WILL GENERATE INITIAL YIELD OF 6.35% AS OF END 2018.ROISSY CHARLES DE GAULLE AIRPORT: ACQUISITION OF BUILDING OF CA 3,000 SQ. M AT LE MESNIL-AMELOT.ON ROISSY CHARLES DE GAULLE AIRPORT: TOTAL INVESTMENT VALUE AMOUNTS TO € 3,29 MILLION WITH INITIAL RETURN OF 6.76%.  Full Article

Montea Comm acquires a build-to-suit project exceeding 47,000 sq.m for Decathlon‍​
Monday, 6 Nov 2017 

Nov 6 (Reuters) - MONTEA COMM VA ::ACQUIRES A BUILD-TO-SUIT PROJECT EXCEEDING 47,000 SQ.M FOR DECATHLON IN WILLEBROEK ‍​.BUYS THE REMAINING PLOTS OF LAND FOR € 3.2 MILLION ADJACENT THE EXISTING DEVELOPMENTS OF DACHSER AND FEDERAL MOGUL‍​.TOTAL INVESTMENT VALUE AT EUR 31.6 MILLION, TO GENERATE A GROSS INITIAL YIELD OF ABOUT 6.5%‍ PERCENT.GROWTH FINANCED WITH FUNDS MONTEA OBTAINED THROUGH RECENT CAPITAL INCREASE OF EUR 68 MLN‍​.DECATHLON WILL RENT BUILDING FOR A MINIMUM FIXED PERIOD OF 10 YEARS.‍​.ACQUISITION WILL CONTRIBUTE TO MONTEA’S EPRA RESULT OF 2017.  Full Article

Montea ‍acquires distribution centre in Etten-Leur, Netherlands
Tuesday, 24 Oct 2017 

Oct 24 (Reuters) - MONTEA COMM VA ::‍ACQUIRED A LOGISTICS DISTRIBUTION CENTRE AT BUSINESS PARK VOSDONK, LOCATED IN ETTEN-LEUR​.ALSO ‍ACQUIRED 20,808 M² ADJOINING PLOT OF LAND FOR DEVELOPMENT AND RENT OF EXTENSION OF EXISTING DISTRIBUTION CENTRE FOR BAS LOGISTICS​.‍BUILD-TO-SUIT PROJECT WILL BE OPERATIONAL BY APRIL 2018​.‍BAS LOGISTICS SIGNED TRIPLE-NET LEASE FOR FIXED PERIOD OF 13 YRS FOR EXISTING DISTRIBUTION CENTRE.‍THIS TRANSACTION REPRESENTS A TOTAL INVESTMENT VALUE OF EUR 14 MILLION​.‍THIS TRANSACTION FINANCED, BY BANK DEBT, AND WILL GENERATE A NET INITIAL YIELD OF ABOUT 6.0%.​.  Full Article

Montea Q2 net rental result up 29 pct to 20.9 million euros
Thursday, 18 Aug 2016 

Montea CVA : Q2 net current result of 13.7 million euros ($15.49 million) (1.38 euro per share) compared to 9.4 million euros (1.02 euro per share) in Q2 2015 . Q2 occupancy rate of 97.0 pct compared to 96.8 pct in Q1 2016 . Increase of the fair value of the property portfolio by 12 percent to 579 million euros versus 517 million euros at end of 2015 . Increase of Q2 net rental result by 29 pct to 20.9 million euros compared to 16.2 million euros in Q2 2015 . Outlook 2016: occupancy rate will remain at least 95 pct . Oulook 2016: operating margin of 88 pct on annual basis . Outlook 2016: property portfolio will grow to 600 million euros .Outlook 2016: net current result per share will grow by 5 pct (from 2.29 euro per share in 2015 to 2.40 euro per share in 2016).  Full Article

Municipality Oss and Montea conclude agreement for development of logistics plot
Thursday, 7 Jul 2016 

Montea CVA :Municipality Oss and Montea conclude an agreement for the future development of a logistics plot at Vorstengrafdonk.  Full Article

Montea announces new contracts
Tuesday, 28 Jun 2016 

Montea Cva : Announces custom development of a ca. 12,400 m² logistics building for Edialux (Pelsis Group) in Bornem (Belgium) . The investment will amount to ca. 11 million euros and represent a yield of 6.65 pct . Development of new state-of-the-art air cargo building (ca. 5,000 m²) for Saco Groupair at Brucargo, investment value 3.6 million euros .Delivery of 21,000 m² for DSV Solutions in Ghent, investment value about 21 million euros.  Full Article

Montea and Built to Build develop building for NSK European Distribution Centre
Tuesday, 14 Jun 2016 

Montea CVA : Montea and Built to Build today announced signature of a lease agreement with NSK European Distribution centre . On handover of building, Montea will acquire development, subject to usual conditional terms, for an estimated investment value of 15.4 million euros ($17.26 million), representing an initial yield of 6.50 pct .New build-to-suit project is expected to be operational by Q3 of 2017.  Full Article

Montea to list 447,231 new shares on Euronext Brussels - Euronext
Tuesday, 24 May 2016 

Euronext: Montea CVA to list 447,231 new shares at a reference price of 36.25 euro on Euronext Brussels as of May 26 . Reason capital increase Montea CVA: asset contribution Further company coverage: [MONTE.BR] (Gdynia Newsroom) ((gdynia.newsroom@thomsonreuters.com; +48 58 698 3920;)).  Full Article

Montea comments on FY 2016 guidance, proposes 2015 dividend of EUR 2.03/share
Thursday, 25 Feb 2016 

Montea CVA:Proposal to pay out a 2015 dividend of 2.03 euros per share.Aim to reach the milestone of 600 million euros in fair value for the property portfolio in 2016.  Full Article

BRIEF-Montea Comm to acquire about 48 hectares of estate in Tiel‍​

* REACHED AN AGREEMENT WITH DE KELLEN BV TO ACQUIRE CA 48 HECTARES ON THE DE KELLEN INDUSTRIAL ESTATE IN TIEL.‍​