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Montea Comm VA (MONTE.BR)

MONTE.BR on Brussels Stock Exchange

45.70EUR
22 May 2018
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Latest Key Developments (Source: Significant Developments)

Montea Comm Va ‍Signs New Transactions In Belgium And France​
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Montea Comm Va ::‍SIGNS NEW TRANSACTIONS IN BELGIUM AND FRANCE​.‍ANNOUNCES DEVELOPMENT OF NEW PROJECT OF A CA. 7,230 M² WAREHOUSE AND CA. 1,440 M² OFFICES AT BRUCARGO.‍12-YEAR LEASE HAS BEEN CONCLUDED WITH WFS​.‍CONSTRUCTION TO START SOON AND NEW BUILD-TO-SUIT PROJECT IS EXPECTED TO BE OPERATIONAL BY SPRING 2019​.‍ACQUIRED A LOGISTICS DISTRIBUTION CENTRE IN LESQUIN​.‍CROSS-DOCK DISTRIBUTION CENTRE CONSISTS OF STORAGE SPACE AND OFFICES AND IS LET IN ITS ENTIRETY TO DHL​.‍DHL SIGNED A LEASE FOR A PERIOD OF 9 YEARS, WITH A FIRST TERMINATION OPTION AFTER 6 YEARS​.‍THIS LEASE WILL GENERATE AN ANNUAL RENTAL INCOME OF EUR 270,000​.‍TRANSACTION REPRESENTS A TOTAL INVESTMENT VALUE OF EUR 4.15 MILLION​.‍TRANSACTION WILL GENERATE A NET INITIAL YIELD OF CA. 6.50%.‍FACIL EUROPE BVBA SIGNED A LEASE FOR 9 YEARS, LEASE TO GENERATE EUR 202,805 ANNUAL RENTAL INCOME​.  Full Article

Montea Comm FY Net Rental Result Up At 40.7‍​ Million Euros
Thursday, 22 Feb 2018 

Feb 22 (Reuters) - Montea Comm Va ::FY NET RENTAL RESULT EUR 40.7‍​ MILLION VERSUS EUR 40.5 MILLION YEAR AGO.FY NET RESULT (IFRS) EUR 36.5 ‍​ MILLION VERSUS EUR 32.2 MILLION YEAR AGO.OCCUPANCY RATE EXPECTED TO REMAIN ABOVE 95 PERCENT IN 2018‍​.PROPERTY PORTFOLIO SHOULD GROW TO EXCEED € 800 MILLION IN 2018.EXPECTS OPERATING MARGIN OF 92% ON AN ANNUAL BASIS FOR 2018.EPRA RESULT PER SHARE EXPECTED TO GROW BY 5 PERCENT IN 2018, DIVIDEND PER SHARE TO GROW BY 3 PERCENT IN 2018‍​.IN 2018, MONTEA EXPECTS FURTHER GROWTH IN THE THREE COUNTRIES IN WHICH IT IS ACTIVE TODAY..OCCUPANCY RATE AT 31 DECEMBER OF 96.3 PERCENT VERSUS 98.1 PERCENT YEAR AGO.EPRA NAV/SHARE AT DEC 31 ‍​ EUR 29.67 VERSUS 27.80 EUROS YEAR AGO.FY OPERATING RESULT BEFORE PORTFOLIO RESULT EUR ‍​ 38.8 MILLION VERSUS EUR 36.3 MILLION YEAR AGO.  Full Article

Montea Acquires Distribution Centre Saintes
Friday, 22 Dec 2017 

Dec 22 (Reuters) - Montea Cva ::TRANSACTION TO ACQUIRE DISTRIBUTION CENTRE IN SAINTES REPRESENTS A TOTAL INVESTMENT VALUE OF € 4.7 MILLION .MONTEA AND PROFIT EUROPE NV HAVE SIGNED A LEASE FOR A FIXED TERM OF 9 YEARS AT SITE IN EREMBODEGEM (AALST – BE).TRANSACTION WITH PROFIT EUROPE TO GENERATE RENTAL INCOME OF €122,380 PER YEAR ‍​.TRANSACTION TO ACQUIRE DISTRIBUTION CENTRE IN SAINTES WILL GENERATE A NET INITIAL YIELD OF CA. 7.15%. .ACQUIRES DISTRIBUTION CENTRE OF CA. 8,500 M² IN SAINTES (BE).TRIPLE NET LEASE WITH NOUKIES FOR A FIXED 9-YEAR TERM ‍​.ACQUIRES EXISTING SOLAR PANEL INSTALLATION ON SITE IN AALST (BE) THROUGH ACQUISITION OF 100% SHARES OF ORKA AALST NV.ACQUISITION OF 100% SHARES OF ORKA AALST REPRESENTS A TOTAL INVESTMENT VALUE OF € 1 MILLION.ACQUISITION OF 100% SHARES OF ORKA AALST WILL GENERATE A NET INITIAL YIELD OF APPROXIMATELY 7.6%..  Full Article

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 completes first phase of public offering
Friday, 22 Sep 2017 

Sept 22 (Reuters) - MONTEA SCA ::FIRST PHASE OF PUBLIC OFFERING SUCCESSFULLY COMPLETED.PRICE PER NEW SHARE OF EUR 41.WITH REGARD TO ITS PUBLIC OFFERING, RECEIVED SUBSCRIPTIONS FOR 1,508,040 NEW SHARES THROUGH THE EXERCISE OF IRREDUCIBLE ALLOCATION RIGHTS ‍​.6 IRREDUCIBLE ALLOCATION RIGHTS ENTITLE HOLDER TO SUBSCRIBE TO 1 NEW SHARE.SUBSCRIPTION RATIO: 6 IRREDUCIBLE ALLOCATION RIGHTS ENTITLE THE HOLDER TO SUBSCRIBE TO 1 NEW SHARE‍​.ACCELERATED PRIVATE PLACEMENT OF 903,644 SCRIPS THAT WILL TAKE PLACE ON 22/09/2017.SUBSCRIPTION REPRESENTS A TAKE-UP OF 90.9% OF THE MAXIMUM OFFER AMOUNT OF EUR 68,004,527.  Full Article

Montea announces capital increase of maximum 68.0 million euros to finance growth strategy
Wednesday, 13 Sep 2017 

Sept 13 (Reuters) - MONTEA CVA ::ANNOUNCES CAPITAL INCREASE OF MAXIMUM EUR 68.0 MILLION TO FINANCE GROWTH STRATEGY.ISSUE PRICE OF EUR 41 PER SHARE.SUBSCRIPTION PERIOD RUNS FROM SEPT 14 TO SEPTEMBER 21.CONFIRMS 2017 EPRA OUTLOOK OF EUR 26 MILLION WITH GROSS DIVIDEND OF EUR 2.17 PER SHARE.SIX RIGHTS ALLOW THE HOLDER TO SUBSCRIBE FOR ONE NEW SHARE.  Full Article

Montea signs new leases in France and Belgium‍​
Tuesday, 5 Sep 2017 

Sept 5 (Reuters) - MONTEA CVA ::SIGNING OF NEW LEASES FOR A TOTAL OF 21,200 M² IN FRANCE AND BELGIUM‍​.NEW LONG-TERM LEASE WITH DANONE (D.P.F.F.) FOR CA. 6,000 M² IN CAMPHIN-EN-CAREMBAULT (FR) – 100% OCCUPANCY RATE FOR BUILDING OF CA. 18,000 M².NEW LEASE AGREEMENT WITH PARKER HANNIFIN MANUFACTURING BELGIUM FOR 9,900 M² IN MILMORT (BE).SECOND LEASE WITH NIPPON EXPRESS BELGIUM FOR 5,300 M² IN WILLEBROEK (BE).  Full Article