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Montea Comm VA (MONTE.BR)

MONTE.BR on Brussels Stock Exchange

41.51EUR
15 Dec 2017
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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 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

Montea completes first phase of public offering
Friday, 22 Sep 2017 05:20am EDT 

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 12:53am EDT 

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 12:10pm EDT 

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

Montea H1 EPRA earnings at 13 million euros
Tuesday, 8 Aug 2017 01:36am EDT 

Aug 8 (Reuters) - MONTEA CVA : :EPRA EARNINGS OF €13 MILLION IN H1 2017.OCCUPANCY RATE OF 95.8% AT THE END OF Q2 2017.DEBT RATIO OF 56.9 % AT THE END OF Q2 2017.EXPECTS FOR 2017: PROPERTY PORTFOLIO GROWTH TO €650 MILLION.EXPECTS FOR 2017: OCCUPANCY RATE ABOVE 95%;TERM OF LEASE REMAINING ABOVE 7 YEARS.EXPECTS FOR 2017: OPERATING MARGIN OF 89% ON AN ANNUAL BASIS.EXPECTS FOR 2017: EPRA EARNINGS 2017 INCREASE TO € 26 MILLION.Q2 NET RENTAL RESULT EUR 20.0 MILLION VERSUS EUR 20.9 MILLION YEAR AGO.Q2 NET RESULT (IFRS) EUR 14.7 MILLION VERSUS EUR 7.7 MILLION YEAR AGO.  Full Article

Montea acquiers plot of land of 59,900 m²
Monday, 31 Jul 2017 12:48pm EDT 

July 31 (Reuters) - MONTEA CVA ::SIGNED AN AGREEMENT CONCERNING ACQUISITION OF A STRATEGICALLY LOCATED PLOT OF LAND OF 59,900 M².TOTAL INVESTMENT VALUE OF EUR 10 MILLION.THIS ACQUISITION WILL PROCEED THROUGH TAKEOVER OF 100% OF SHARES OF VILPRO NV.TRANSACTION IS SLATED TO BE CLOSED IN BEGINNING OF OCTOBER 2017.  Full Article

Montea announces two transactions in France
Tuesday, 30 May 2017 11:36am EDT 

May 30 (Reuters) - MONTEA CVA ::LAUNCH OF A BUILD-TO-SUIT PROJECT OF CA. 18,000 M² IN CAMPHIN-EN-CAREMBAULT .THE DEVELOPMENT WILL BE OPERATIONAL IN THE FIRST QUARTER OF 2018.TRANSACTION REPRESENTS A TOTAL INVESTMENT VALUE OF € 11.2 MILLION.SALE & LEASE BACK OF AN INDUSTRIAL BUILDING OF CA. 1,500 M² IN THE PARIS REGION – INVESTMENT VALUE: € 1.93 MILLION.  Full Article

BRIEF-Montea ‍acquires distribution centre in Etten-Leur, Netherlands

* ‍ACQUIRED A LOGISTICS DISTRIBUTION CENTRE AT BUSINESS PARK VOSDONK, LOCATED IN ETTEN-LEUR​