26/10/2006

During the month of October, Fortis Real Estate and Daniël Le Bon have closed a partnership for the development of a city center renovation in Turnhout.

This involves a mixed shopping/residential project in the centre of the city, from the Gasthuisstraat, passing the Parking Le Bon, just until the GB site. Underground parking places are foreseen. The shops will be linked directly to the Gasthuisstraat. This project will make the centre of Turnhout even more attractive.

The careful mixture of shops and urban residences combined with an underground parking area and promenade will offer the right ingredients to reach a good result.

Daniël Le Bon, as project developer, has already shown how to combine comfortable living and fun shopping, by turning an important part of the commercial centre in and around the Gasthuisstraat into a new attractive whole with a unique atmosphere.

Fortis Real Estate is the largest and most polyvalent real estate group of Belgium, active in three domains:

• Real Estate Development with an experience of more than 2 000 000m² developed in office, retail, residential, parking and mixed use spaces in Belgium, Luxemburg, France and Hungary.
• Real Estate Asset Management with almost 4 billion euros in office, retail and residential properties in Belgium and Luxembourg under management.
• Public Car Park Management, via Interparking with more than 425 car parks in 176 cities across Belgium, the Netherlands, Germany, France, Spain, Italy and Austria under management.

Therefore, Daniël Le Bon and Fortis Real Estate hold all the winning cards to offer a surplus value to Turnhout.

The project will be studied in more details during the following weeks, after which the plans will be presented to the city and the government.

Press Contact:
Hellen Coppen
Tel: + 32 2 609 66 29
Mail : hellen.coppen@fortis.com