The listing will take place shortly after the closing of the market on 17/12.

When will the new institutional framework be implemented.

Trade Estates currently has properties worth € 190 million and a purchase and development program of around € 250 million.

The REIC as of the period ended in September 2021 has a Gross Asset Value of €190 million.

The successful bidder in the tender process for the historic property by Folli-Follie offered more than € 25 million.

The development was attributed mainly to BRIQ's portfolio diversification that has been recently modestly overwighted logistics.

The REIC reported a significant expansion of its real estate portfolio with the addition of nine properties in total.

The vendor is Argo Real Estate with the sites acquired on a combined net initial yield of 4.6%.

The property has a total leasable area of 21,000sqm and is not comprised in the firm’s list of properties that are to be liquidated.