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INTRODUCTION

The Development team of AG Real Estate specializes in the research, finalizing and/or renovation of new office, residential or mixed use projects. It is active in Belgium, Luxembourg, France and Hungary.

This team of 35 people consists of “Development” project managers and “Construction” project managers who follow projects from beginning to end with the internal support of juridical, financial and fiscal specialists of AG Real Estate.

The Development team focuses on 4 axes: URBAN REDEVELOPMENT, TURNKEY PROJECTS, SUSTAINABLE COMMUNITIES & PUBLIC/PRIVATE PARTNERSHIPS.

The Development department is particularly proficient in “Build to Suit” operations dedicated for one occupant and in multi-occupants projects management. The capacity to finance projects with its own resources is also a major argument to strengthen customer’s confidence. Since 2009, the “sustainable development” became a leading impulse for every new project and a team was especially set up to focus on these new green technologies.

AG Real Estate is a 100 % subsidiary of AG Insurance. It is the largest real estate investor and developer in Belgium, also specialized in asset and car park management.

“ The architectural development of Anspach was the subject of special attention. On the one hand, the architects wished to rethink volumes and functions, to bring forward-looking solutions, guaranteeing a lifestyle out of the ordinary.On the other hand, the project comported a significant proportion of existing buildings facades that had to be harmoniously integrated into the urban area. Some of them were signed by great names in architecture in Belgium: Polak (Bishop Street), Petit and Olive (Boulevard Anspach), Victor Horta (Gretry Street). The exterior architectural concept is therefore concentrated on the design of the angles of the building, so as to aesthetically modernize and harmonize them with the existing facades. With regard to interior design, the building has been completely redesigned, both in terms of organization of functions as their accessibility. The Belgian artist Vincent Strebelle occurred occasionally on some items. He made a beautiful poetic touch to the railings of the balconies of exterior facades. The designer has also decided to cover one of the gallery walls with nearly 95 polished stainless steel mirrors of 3 meters in diameter, for a unique aesthetic experience. ”

Alain De Coster, Head of Development

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ANSPACH, A PRIME LANDMARK PROPERTY

IN THE HEART OF BRUSSELS

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INTERNATIONALLY RENOWNED LOCATION SITUATED IN THE CITY CENTER OF EUROPE’S CAPITAL

The ANSPACH properties occupies a unique prominent site, strategically situated in a golden triangle between the most important tourist, cultural and retail areas in the city center of Brussels.

The complex is anchoring the Southern end of the Rue Neuve with the start of the Rue des Fripiers, which are considered to be the most popular retailing locations in Belgium. The area is further characterized by a blend of high quality renowned hotels, a wide range of restaurants and highly sought after residential property.

Location

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Rue du Marché aux Herbes

Boul

evar

d An

spac

h

Boul

evar

d An

spac

h

Bourse

Place dela Monnaie

Grand-Place

Rue

Neu

ve

Rue de l’Evêque

Rue Grétry

Rue A. Dansaert Rue

des

Frip

iers

HISTORICALCENTERDISTRICT

RUE NEUVE :11,4 MILLION

PEDESTRIANS/YEAR

BLD. ANSPACH :6 MILLION PEDESTRIANS/

YEAR

RUE DES FRIPIERS :9,5 MILLION PEDESTRIANS/

YEAR

In addition to the ca. 2500 public car parking spaces in the area, public transport links are excellent. ANSPACH benefits from a prime location with unrivalled transport: within 5 minute walk of ANSPACH are 2 metro lines, 5 tram lines and 9 bus routes each providing a direct access to this unique landmark building known throughout Belgium.

HISTORICALCENTERDISTRICT

Rue Neuve

Bld. Anspach

INNER RING

INN

ER

RIN

G

INNER RING

Rue des Fripiers

Rue du Marché aux Herbes

BRUSSELS CBD

NORTHBUSINESSDISTRICT

Tunnel Léopold

E19MonsParis

E40BruggeGent

E19Antwerpen

E411NamurLuxembourg

E40LiègeKöln

Brussels National Airport

Avenue Louise

Parc deBruxellesGrand-Place

Bourse

Place de la monnaie

GareCentrale

Garedu Midi

Garedu Nord

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The story of the ANSPACH property starts more than 200 years ago with a small company called “Grand Bazar du Boulevard Anspach”. The company owned only a few houses on the Boulevard Anspach. Driven by a dream to run the whole island as one of the most popular retail locations in the country, the “Grand Bazar” moved on over the years to become the proud owner of all the areas now known as the ANSPACH property.

A look back at the past

After 170 years of dedication, commitment and several heavy refurbishments later (led by great architects such as Horta, Olive, Petit et Polak) , the City of Brussels acquired the site in 1984 and the current owner has been running the ANSPACH since then as a shopping gallery by way of a long leasehold. With the recent reconstruction of the site, a new chapter has now begun for ANSPACH…

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ConceptAnspach is a mixed-use site which has

been skilfully restored whilst retaining its attractive and historical features

Architects: ARCHI 2000, Montois partners,

Atelier du Sart Tilman

INVESTMENT HIGHLIGHTS• Outstanding location in the historical and cultural heart of Brussels and at the Southern end of Rue Neuve.

• Excellent accessibility by public transport ; ANSPACH is located on top of the “De Brouckère” metro station.

• High quality and attractive architectural development totalling 30,432 sq.m., the complex was totally reconstructed behind the original façades in 2009.

• The average weighted unexpired lease term is more than 11 years.

• Fully let complex with a current rent income of € 8,050,000 per annum.

• Well diversifi ed income stream with long term secured cash fl ows : 33% of the rental income derives from the retail, 47% from the leisure, 16% from the apart hotel and the remaining income of 4% from the residential apartments.

• 19 superbly confi gured fl agship retail units which together accommodate 7,291 sq.m. of prime fl oor space in one of Brussels’ most accessible locations ; further cementing Rue Neuve’s position as the most expensive retail location in the country. Multi-let to high quality tenants including H&M, Tommy Hilfi ger, New Look, Belgacom, …

• Winner of a reference retail award (BLRW Shopping Award).

• A 13,554 sq.m. wealth of creativity with an entertainment centre arranged over fi ve fl oors including a rooftop restaurant, a casino and a theatre.

• The only building licensed by law to run a casino in Brussels.

• A four star 6,188 sq.m. apart hotel in one of Brussels’ most famous locations.

• 23 residential apartments totalling 3,399 sq.m.

• The property is held by NGBA SA/NV by way of a long leasehold interest from the City of Brussels for another 94 years.

• The shares of NGBA SA/NV are for sale.

SHOPPING GALLERY

SHOPPING GALLERY

CASINO

CASINO

RESIDENTIAL APARTMENTS

APART HOTEL

APART HOTEL

ROOF-TOP RESTAURANT

ROOF-TOP RESTAURANT

CONCERT HALL/THEATRE

CONCERT HALL/THEATRE

CUSH3778_Broch_Interieur_340x240_v6.indd 6 22/04/11 17:30

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ANSPACH, A SHOPPING GALLERYRecent winner of the BRLW award, the retail accommodation comprises 19 units totaling 7.291 m². The exceptional flagship accommodation both in terms of depth as in unit configuration attracts an exciting range of international retailers with H&M, New Look, Maison du Monde and La Grande Récré as anchor tenants. The retail element of the ANSPACH property if fully let to quality tenants with an annual representing 33% of the total income for the ANSPACH property.ANSPACH, AN

SHOPPING GALLERY

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1918

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ANSPACH, AN ENTERTAINMENT CENTRE The leisure element of 13.554 m² is fully leased with a 15 year fixed term to Casinos Austria International, a good quality lessee. Next to the new rooftop restaurant which benefits from breathtaking views over the capital, Casinos Austria also operates the theatre hall as wall as Brussels’ only casino. ANSPACH is the only property in the city of Brussels licensed by law to run a casino. The annual income of Casinos Austria represents 47% of the total income for the ANSPACH property.

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ROOF-TOP RESTAURANT CASINO

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CONCERT HALL / THEATRE

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APART HOTELWith its 6.188 m² and 140 well equipped rooms, the hotel element is fully leased with a 18 year fixed term to Pierre & Vacances. The hotel is operated by Adagio, a joint venture between Pierre & Vacances and the Accor Group. The apart hotel

concept is a perfect alternative to the wide range of luxury hotels in the area. Strategically situated in the city center of Brussels and comprising leisure facilities such as a fitness centre, a laundry center and easy internet access, the apart hotel

attracts many international visitors in the capital of Europe. The annual income represents 16% of the Total income for the Anspach property.

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APART HOTEL

ANSPACH, RESIDENTIAL APARTMENTSThese 23 luxury apartments each benefitting from allocated car parking spaces are ideally located in a desirable, sought after residential area. 6 of the apartments are let individually, 3 are let to the

casino whilst the remaining 14 apartments are let for 9 years to a company specializing in short term lets. The annual income represents 4% of the total income for the ANSPACH property.

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RESIDENTIAL APARTMENTS

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■ Outstanding location in the historical and cultural heart of Brussels and at the southern end of Rue Neuve.

■ Excellent accessibility buy public transport: ANSPACH is located on top of the “De Brouckère” metro station.

■ High quality and attractive architectural development totaling 30.423 m², the complex was totally reconstructed behind the original façades in 2009.

■ The average weighted unexpired lease term is more than 11 years.

■ Well diversified income stream with long term secured cash flows; 33% of the rental income derives from the retail, 47 % from the leisure, 16% from the apart hotel and the remaining income of 4% from the residential apartments.

■ 19 superbly configured flagship retail units which together accommodate 7.291 m² of prime floor space in one of Brussels’ most accessible locations. Further cementing Rue Neuve’s position as the most expensive retail location in the country. Multi-let to high quality tenants including H&M, Tommy Hilfiger, New Look, Belgacom, Maison de monde,…

■ Winner of a reference retail award (BLRW Shopping Award)

■ A 13.554 m² wealth of creativity with an entertainment center arranged over five floors including a rooftop restaurant, a casino and a theatre.

■ The only building licensed by law to run a casino in Brussels.

■ A four star 6.188 m² apart hotel in one of Brussels’ most famous location

■ 23 residential apartments totaling 3.399 m²

HIGHLIGHTS

Designed & produced by FAB – www.fab.bePictures from Marc Detiffe, Yvan Glavie & Jean-Michel Byl

PROJECT TEAM

Developer

AG Real Estate Development s.a.4-10 Sint-Lazare Boulevard - 1210 Brusselswww.agrealestate.eu

Architects

Archi 2000 Avenue du Vivier d’Oie, 4 - 1000 Bruxelleswww.archi2000.be&Montois Partners ArchitectsAvenue Maurice, 1 - 1050 Bruxelleswww.montois.be&Atelier du Sart-TilmanRue du Vieux Bois, 22 - 4130 Tilff

General contractor

Les entreprises Louis de Waeleavenue Jean Dubrucqlaan 175 - B-1080 Brusselswww.louisdewaele.be&VALENS saAvenue Brugmann 27 - 1060 Brusselswww.valens.eu

Stability Engineering

VK EngineeringEuropabuilding Avenue Clemenceaulaan 87 – 1070 Bruxelleswww.vkgroup.be

Special Techniques Engineering

Technum - Tractebel EngineeringAvenue Ariane 7 - 1200 Bruxelles www.technum-tractebel.be

Control

SECO Rue d’Arlon 53 - 1040 Bruxelleswww.seco.be

A G R E A L E S TAT E