Property reference: ID IDBV_ITC

Appraisal of Real Estate

• Land: 564 m²
• Footprint: 414 m²
• 7 Floors as follows: basement, ground + 4, technical floor
• Total area: 2,484 m²
• Net rentable area: 2,070 m²
• Rented: Yes, 100%
• Tenants:
  

1. Aviva Life Insurance: 300 m²
2. Cambric Consulting: 1,770 m². Cambric is a global engineering service provider, with 175 engineers on site. See www.cambric.com
   

• Lease: 6 years (3+3)
• Monthly Rent: €17,000, which can be raised to €24,840 after year 3
• Sale Price: €2,720,000 
• Yield at current prices: 7.5%
• Potential yield after year 3: 10.9%

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