Montea completes six build-to-suit logistics projects 04 November 2014

Montea has completed the handover of six strategically located build-to-suit projects, totalling 120,538 m2. 2014 was heralded as the year of growth for the Company and this promise has now been met. At the beginning of the year, Montea announced the start of a number of build-to-suit projects in partnership with a.o. MG Real Estate, Vandermaesen and Cordeel Hoeselt (Cordeel Group). Over the past two months, six of these projects have been handed over.

These include 3,500 m2 for Metro in Vorst (BE), on a long-term lease agreement for a fixed period of 27 years; 25,770 m2 for Vos Logistics in Oss (NL), in co-operation with Groep Vandermaesen; 9,100 m2 for Dachser in Willebroek (BE) in co-operation with MG Real Estate; 19,500 m2 for Neovia Logistics in Willebroek (BE)., in co-operation with MG Real Estate; 6.000 m2 for Nippon Express Belgium in Zaventem - Brucargo (BE), in co-operation with Cordeel Hoeselt; and 56,668 m2 for Caterpillar Distribution Services Europe in Grimbergen (BE), in co-operation with WDP, 50.0% partner in this project.