The shareholders of Care Property Invest (CP Invest), a Belgian listed real estate player specialised in Belgian healthcare properties, have approved the change of status from a “public real estate investment company” (“openbare vastgoedbevak / sicafi publique”) into a “public regulated real estate company” (“openbare gereglementeerde vastgoedvennootschap / société immobilière réglementée publique”). All conditions precedent related to the change of status have been fulfilled, so that CP Invest benefits from the public B-REIT status as from 25 November 2014. The B-REIT status is better aligned with the economic reality and offers a modified legal framework that fits in with the capacity of CP Invest as an operational real estate company.
The Eubelius team that has assisted CP Invest with the change of status to the B-REIT regime, was led by Lars Van Bever, Arne Hermans and Jan Lambertyn.
Eubelius has assisted the entire public real estate investment sector (“vastgoedbevaks/Sicafi”) for more than two years with the preparation and implementation of the new B-REIT regime.