EVERE
SQUARE
6 GOOD REASONS TO CONSIDER THIS UNIQUE INVESTMENT OPPORTUNITY A mixed integrated development of 50.000m²
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100% LET – Long-term leases (average of 18 years)
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Excellent & Visible location
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A site with a long-term potential
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Limited landlord obligations
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Based on the experience of Iret Development
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DEVELOPMENT
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ONE OF THE LARGEST TRIPLE-A MIXED DEVELOPMENTS IN BRUSSELS
42.130m² TOTAL LAND
49.801m²
MIXED DEVELOPMENT
FULLY LET
A,B,C: D: E: F:
BMW Level 3 communications Krefel, RTL, Radio Nostalgie Maserati, Cipac
C D
F
B A E
TENANCY
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AAA TENANTS :
MASERATI KRËFEL RTL CIPAC LEVEL 3 COMMUNICATIONS BMW BENELUX RADIO NOSTALGIE MAJOR TENANTS BY AREA SIZE
MAJOR TENANTS BY RENT (€)
Maserati
Level 3
1.800.000 1.600.000 1.400.000 1.200.000
Cipac
1.000.000 800.000 600.000
Krëfel
400.000 200.000
Maserati
Krëfel
Level 3
Cipac
0
BMW
BMW
TENANCY SCHEDULE
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BUILDING
AREA (M²)
TENANT
PARKINGS
START RENT
FIRST BREAK
YEARS
RENT/YEAR (€)
A-B-C
27.968
BMW
346*
20/07/2014
9/08/2032
18
1.966.193
D
5.250
Level 3
40
2/04/1999
30/06/2017
3
505.371
E
2.500
Krëfel
60
24/01/2014
23/01/2032
18
316.300
F
12.268
CIPAC
135
1/03/2014
29/02/2032
18
700.000
F
1.815
Maserati
13
1/06/2014
31/05/2032
18
124.475
E: parking
RTL
40
1/5/2014
30/04/2017
3
36.000
E: parking
RTL
16
1/1/2015
30/04/2017
3
12.000
E: parking
Nostalgie
14
1/5/2014
30/04/2019
5
13.272
Total * Incuded in Surface
49.801
664
3.673.610 €
BMW BELUX
Tenant :
BMW BELUX SA (100% subsidiary of BMW Group). www.bmw.be
Agreement :
32-year Lease Hold (“Emphytéose”) with a renegotiation of the rent (‘canon’) after 18 years
Surface :
27.968m² retail, workshop, parking and offices (including 346 parkings) : •
Buildings A & B (New Construction) = 15.508m²
•
Building C (Redevelopment) = 12.460m²
Start of agreement :
20 January 2014
Start of rent :
20 July 2014
Start of Activity :
September 2014
First rent :
1.966.193,-EUR (Base rent : 1.900.000,-EUR)
Indexation:
Yearly. Base = health index (October 2011)
Landlord Obligations
Only reparation of structure of Building being for the Landlord + guarantee of construction companies
for these reparations during 10 years.
Bank Garantee :
1.900.000,-EUR (yearly indexed health index)
Tenant investment :
+/- 25.000.000,-EUR, i.e. all the works as from casco delivery by the landlord.
FIRST BREAK: 18 YEARS * Incuded in Surface
TOTAL SPACE: 27.968 M²
€ 1.966.193 RENT/YEAR
346* PARKING SPACES
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MASERATI ACG
Tenant :
ACG Maserati Brussels NV. www.acgmaserati.be
Agreement :
18-year lease
Surface :
1.815 m² showroom and workshop + 13 outside parkings
Start of agreement :
1 June 2014
Start of rent :
1 June 2014
Start of Activity :
September 2014
First rent :
124.475,-EUR
Indexation:
Yearly. Base = health Index (January 2014)
Landlord Obligations
Only reparation of structure of Building being for the Landlord.
Bank Garantee :
6 months of rent (yearly indexed health index)
Tenant investment :
Est. 1.000.000,-EUR
FIRST BREAK: 18 YEARS
TOTAL SPACE: 1.815 M²
€ 124.475 RENT/YEAR
13 PARKING SPACES
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LEVEL 3 COMMUNICATIONS
Tenant :
Level 3 Communications NV. www.level3.com
Agreement :
Ongoing lease agreement since 1 july 1999. Next break 2017-2023-2029
Surface :
5.250m² of datacenter and offices
Start of agreement :
1 July 1999
Actual rent :
505.371,-EUR
Indexation:
Yearly. Base = health Index.
Landlord Obligations
Only reparation of structure of Building (without the roof) being for the Landlord.
Bank Garantee :
6 months of rent (yearly indexed / health index)
Tenant investment :
+/- 40.000.000,-EUR (without IT-equipment)
NEXT BREAKS: ‘17, ‘23, ‘27
TOTAL SPACE: 5.250 M²
€ 505.371 RENT/YEAR
40 PARKING SPACES
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KRËFEL
Tenant :
Krëfel NV. www.krefel.be
Agreement :
• Building: Usufruct Agreement (“Usufruit”) 30 years with break option after 18 years
• Parkings: Lease agreement of 18 years
Surface :
2.500m² Retail surface + 60 parkings (23 outside and 37 inside)
Start of agreement :
24 january 2014
Start of rent :
24 januari 2014
Start of Activity :
April 2014
First rent :
316.300,-EUR
Indexation:
Yearly. Base = health Index (December 2013)
Landlord Obligations
Only reparation of structure of Building being for the Landlord.
Bank Garantee :
4 months of rent (yearly indexed / health index)
Tenant investment :
Est. 2.500.000,-EUR
FIRST BREAK: 18 YEARS
TOTAL SPACE: 2.500 M²
€ 316.300 RENT/YEAR
60 PARKING SPACES
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CIPAC
Tenant :
CIPAC NEW SA. www.cipac.be
Agreement :
18-year lease agreement
Surface :
12.268m² retail-warehousing + 87 int. parkings and 48 outside parkings
Start of agreement :
1 March 2014
Start of rent :
1 March 2014
Start of Activity :
June 2014
First rent :
700.000,-EUR
Indexation:
Yearly. Base = health Index (December 2013)
Landlord Obligations
Only reparation of structure of Building being for the Landlord.
Bank Garantee :
6 months of rent (yearly indexed / health index)
Tenant investment :
Est. 1.800.000,-EUR
FIRST BREAK: 18 YEARS
TOTAL SPACE: 12.268 M²
€ 700.000 RENT/YEAR
135 PARKING SPACES
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OTHER PARKING TENANTS (BUILDING E)
Tenant :
RTL - www.rtl.be
Parkings :
40 + 16
Rent : 48.000,-EUR Lease :
9-year lease as from 1 May 2014 (break after 3 and 6 years)
Tenant :
RADIO NOSTALGIE - www.nostalgie.be
NRJ - www.nrj.be Parkings :
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Rent : 13.272,-EUR Lease :
9-year lease as from 1 May 2014 (break after 5 years)
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LOCATION
Antwerpen
Amsterdam Antwerpen
A12
E19
Brussels Airport E40 Brugge Gent Oostende
E40 Leuven Luik Maastricht Aken
evere
Square
E19
E411 Namur Luxembourg
Charleroi Mons Paris
1. RTBF-VRT 2. METRO: Diamant 3. Gare Meister
evere
Square
N ÉO .L AV
EYE ER UST AUG AAN RSL
2
1
E40
N
3
A JE OS
RD NA RTS ÉO AE L . M AV OM M
GR
D
ES QU AC IN .J G AV EOR G
SÉE AUS H C
IN UVA O L E
PERFECT LOCATION
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OTHER BRANDS SUCCESFULLY REPRESENTED IN THIS AREA:
AUDI CITROﾃ起
M E R C E D E S VOLKSWAGEN
RTL TESLA KIA
BUS CHAUSSﾃ右 DE LOUVAIN: 50M
METRO DIAMANT: 850M
TRAIN STATION MEISER: 1000M
HIGHWAY E40: 800M
By train - By car: 1.53 h 2.15 h
1.5 h 4.25 h 1.22 h 3.20 h
0.42 h 0.45 h
evere evere Square Square
LONDON
PARIS
BRUSSELS
ANTWERP
AMSTERDAM
TOWNPLANNING
FOTO BUURT?
A SITE WITH POTENTIAL
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According to the Brussels Townplanning (PRAS) the site is located in a “ZEMU” zone (Zones d’Entreprises en Milieu Urbain), being an industrial zone in an urban environment. This townplanning also allows the development of residential real estate on the site, giving it an additional future potential.
Le PRAS démogRAPhique - BRochuRe exPLicAtive
Pôle Mommaerts-Reyers
ZEMU ZONES 23
SPECS
TECHNICAL SPECIFICATIONS All buildings of Evere Square have been constructed on casco-based agreements, meaning that the landlord only has the responsability of the structure of the buildings. The different tenants have executed themselves the entire fit-out and techniques.
Architect:
FCM Architects and Atelier de l’Arbre d’Or
Landscaping architect:
Linears
Contractors:
Cordeel and Bolckmans
Contractor fit-out BMW:
Jansen Finishings
Control of the works:
Seco
Construction and environmental permits obtained in 2013-2014 Historical soil pollution (pollution Orphenline): Soil remediation will be executed by Iret Development => Bankguarantee constituted by IRET Development and accepted by the IBGE-BIM (502.000,- EUR). The soil remediation installation has been integrated in the landscaping (coordinated with BMW).
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PRIME DEVELOPER
Iret Development is an international real estate Developer of offices, residential space and retail. Conscious of the growing importance of mobility, flexibility and environment, Iret Development focuses on mixed urban projects with a major emphasis on sustainability. Our activities include public private partnerships. Today, Iret Development manages an active development pipeline totalling over 400.000m². Iret Development can look back on a rich track-record of succesful real estate developments (around 1.000.000m²), among others through its former affiliated company Robelco. Iret Development is a subsidiary of Inter Real Estate Trusty Comm. VA.
Iret Development SA-NV Tour & Taxis Havenlaan / Avenue Du Port 86C – 103 t brussels www.Iretdev.be ast@iretdev.be +32 2 402 46 00
37 Tour&Taxis - Brussels
Rive Gauche - Charleroi
X-Antwerpen - Antwerp
DISCLAIMER The information in this brochure has been provided by Iret Development on the condition that you have signed a confidentiality agreement, to which we refer you for details. Every consultant who receives this brochure must have signed this agreement. It is strictly forbidden to disclose any or all of the information herein to any third party without the prior written permission of Iret Development. The information herein is for indicative purposes only, in the context of a potential sale as determined by Iret Development’s board of directors. Š IRET Development