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Montea Comm VA (MONTE.BR)

MONTE.BR on Brussels Stock Exchange

61.20EUR
18 Dec 2018
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Latest Key Developments (Source: Significant Developments)

Montea 9 Month EPRA Earnings Up At Eur 25.2 Million Euros
Wednesday, 7 Nov 2018 12:27am EST 

Nov 7(Reuters) - MONTEA COMM VA ::9 MONTH EPRA EARNINGS OF € 25.2 MILLION, FOR AN INCREASE OF 27% COMPARED WITH THE SAME PERIOD THE PREVIOUS YEAR.9 MONTH NET RENTAL INCOME (€ 35.9 MILLION) ROSE BY 19% OR € 5.7 MILLION COMPARED WITH THE NET RENTAL INCOME FOR THE SAME PERIOD IN 2017 (€ 30.2 MILLION).END OF SEP IFRS NAV PER SHARE EUR 32.72 VS EUR 28.07 YR AGO.EPRA EARNINGS PER SHARE OF € 2.08, UP BY 10% COMPARED WITH THE FIRST 9 MONTHS OF 2017.OCCUPANCY RATE OF 97.9% AT THE END OF Q3 2018, COMPARED WITH 96.6% AT THE END OF Q2 2018.END OF Q3 2018 DEBT RATIO OF 51.2 PCT .EPRA EARNINGS PER SHARE EXPECTED TO GROW OVER 10% FOR 2018.PROPERTY PORTFOLIO EXPECTED TO EXCEED € 900 MILLION AT YEAR END.OCCUPANCY RATE > 98% END 2018 – ABOVE THE ANNUAL TARGET OF 95%.  Full Article

Montea Comm Develops More Than 40,000 M² In The Netherlands
Monday, 5 Nov 2018 01:44am EST 

Nov 5 (Reuters) - MONTEA COMM VA ::MONTEA DEVELOPS >40,000 M² IN THE NETHERLANDS.LAUNCH OF DEVELOPMENT FOR DOCMORRIS OF AN EXTENSION OF >20,000M² AT THE EXISTING SITE IN HEERLEN (NL). TRIPLE NET 15-YEAR LEASE FOR THE EXTENSION SIGNED.THE TRANSACTIONS WILL GENERATE AN ADDITIONAL ANNUAL RENTAL INCOME OF € 2.5 MILLION WHEN DELIVERED IN 2019 AND OF € 3 MILLION WHEN FULLY LET..  Full Article

Acknowledgement Of Purchase Of Montea Shares By Shareholders
Wednesday, 19 Sep 2018 01:18am EDT 

Sept 19 (Reuters) - MONTEA COMM VA ::MONTEA COMM.VA - ACKNOWLEDGEMENT OF PURCHASE OF MONTEA SHARES BY SHAREHOLDERS .WAS INFORMED OF SIGNING OF PURCHASE AGREEMENTS BY DE KELLEN BV CONCERNING NEW MONTEA SHARES.WAS INFORMED OF SIGNING OF PURCHASE AGREEMENTS BY ETHIAS, FEDERALE VERZEKERING VERENIGING VAN ONDERLINGE LEVENSVERZEKERINGEN CONCERNING ITS NEW SHARES.WAS INFORMED OF SIGNING OF PURCHASE AGREEMENTS BY BELFIUS INSURANCE, CONSTRUCTIV FONDS VOOR BESTAANSZEKERHEID AND PATRONALE LIFE CONCERNING ITS NEW SHARES.OWNERSHIP OF SAID NEW SHARES WILL BE TRANSFERRED BY DE KELLEN BV TO OTHER SPECIFIED PARTIES SHORTLY AFTER ISSUE OF THESE NEW SHARES.  Full Article

Montea Comm Va ‍Signs New Transactions In Belgium And France​
Tuesday, 13 Mar 2018 01:57am EDT 

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 11:46am EST 

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 01:25am EST 

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 11:43am EST 

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 12:11pm EST 

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 11:35am EST 

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 12:37pm EDT 

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