Eurocommercial Properties lists on Euronext Brussels
Eurocommercial Properties (ECMPA), a retail property investment company, has begun trading on Euronext Brussels.
Founded in 1991, Eurocommercial currently owns and operates 29 retail properties in Belgium, France, Italy, and Sweden with total assets of EUR4 billion. Belgium represents approximately 11 per cent of the portfolio through the Woluwe shopping centre in Brussels, which was purchased in March this year and is one of Eurocommercial’s largest assets.
Eurocommercial’s listing on Euronext Brussels is in addition to the existing listing on Euronext Amsterdam, the company’s market of reference.
Jeremy Lewis, Eurocommercial’s Chief Executive Officer, says: “Belgium plays a critical role in Europe and is very important to Eurocommercial’s strategy, with the acquisition of the major Woluwe Shopping Centre. Through a listing on Euronext Brussels, we are reinforcing our commitment to the country, where we expect to have a long and successful investment. We hope that Belgian investors will appreciate the opportunity to have an exposure to one of the very best shopping centres in the country.”