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New Spar in Laneffe is added to the rapidly growing supermarket portfolio!

This morning Forum Estates added the Spar-Colruyt in Laneffe to its rapidly growing portfolio of supermarket real estate. This Spar in Laneffe is now the 23rd Spar in the real estate portfolio.

This Spar is well located, and particularly well visible from the highway that runs next to the supermarket. The store, with a surface area of ​​1025 m², is leased to Spar-Colruyt for 27 years. There is an Action branch next to this Spar supermarket, with whom the 80 parking spaces are shared. This combination ensures good local shopping dynamics.

With this purchase, Forum Estates increases its annual rental collection by approximately EUR 100,000 per year. Spar-Colruyt already represents 12% of the annual total rental income, making it the second most important tenant of Forum Estates, after Carrefour Belgium (19.8%), and ahead of Hubo (9.3%), Lidl (7.7%) and Mestdagh- Carrefour (4.7%). Meanwhile, Forum Estates is preparing to be the first Belgian supermarket fund to be listed as a GVV (or RREC) on the Brussels stock exchange in 2022.

Stefan De Bock, CEO: “I am very pleased with this deal. This will once again strengthen our fast-growing portfolio of neighbourhood supermarkets, which are proving to be not only e-commerce but also pandemic resistant. In addition, we are very happy to work with Spar- Colruyt. Spar is the fast-growing and solid franchise formula of the Colruyt group. There are several projects in the pipeline together with Spar-Colruyt in the coming months! Hopefully, we will open the 25th Spar-Colruyt next year!”.

1 December 2020