Portfolio characteristics
Intervest has a mixed real estate portfolio worth € 932 million, consisting of 38% office buildings and 62% logistics real estate (as at 31 March 2020). The properties in which Intervest invests, consist primarily of up-to-date buildings that are strategically located in the city centre and outside municipal centres.
A large portfolio clearly offers a number of advantages to both tenants and investors.
Advantages for tenants
- Intervest distinguishes itself when leasing space by offering more than square metres only. The company goes beyond real estate by offering ‘turn-key solutions’ (a tailor-made global solution for and with the customer), extensive services provisioning, co-working and serviced offices.
- The offices owned by Intervest are currently situated in and around centre cities such as Antwerp, Mechelen, Brussels and Leuven.
- The logistics properties are located on the Antwerp - Brussels - Nivelles, Antwerp - Limburg - Liège, and Antwerp - Ghent - Lille axes. With Genk Green Logistics, Intervest has a development potential to build ca. 250.000 m² of top-of-the art logistic real estate on the former Ford-site in Genk.
- Intervest is also present in southern Netherlands’ logistic hotspots, on the Moerdijk - ‘s Hertogenbosch - Nijmegen, Rotterdam - Gorinchem - Nijmegen and Bergen-op-zoom - Eindhoven - Venlo axes.
Advantages for investors
- A vast portfolio helps to spread the risk for the shareholders. After all, potential geograpic fluctuations in the market can be absorbed by investing in real estate in different areas.
- There is less dependency on one or a small number of major tenant(s) or project(s) and the risk is spread across a large number of tenants and properties. The tenants also operate in widely divergent sectors of the economy, such as the pharmaceutical and computer industries, media, consultancy, telecommunications, the travel and food industries.
- The achieved economies of scale make it possible to manage the real estate portfolio more cost-efficiently. This relates, for instance, to costs of maintenance and repair, (long-term) renovation costs, consultancy fees, publicity costs, etc.
- It makes it possible for a specialised management team to use its knowledge of the market to pursue an innovative and creative strategy, resulting in an increase in shareholder value.