Jameson Legal

 

Resource

 

 

 

 

 

 

 

 

 

 

 

Leasinvest, assisted by Eubelius, obtains the status of “public regulated real estate company” (B-REIT)

12 Nov 2014

The shareholders of Leasinvest Real Estate (LRE), a Belgian listed real estate player specialised in high-quality and well-located offices, logistics buildings and retail buildings in Belgium and in the Grand Duchy of Luxembourg, 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 LRE benefits from the public B-REIT status as from 6 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 LRE as an operational and commercial real estate company.
 
The Eubelius team that has assisted LRE with the change of status to the B-REIT regime, was led by Lars Van Bever, Sven Bogaerts 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.

Industry
Real Estate & Construction
News Category
Real Estate & Construction