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Ascencio / ASC – (Belgium Retail ZYY)
Tuesday, 12 July 2011 07:45

Ascensio was established in 2006 by AG Real Estate Asset Management and the Mestdagh family, and focuses on retail warehouses with a portfolio comprising about 115 properties (about 90% commercial; 5% semi-industrial, and 5% offices residential), across Belgium and France (Wallonia about 60%; Flanders 10%; Brussels 20%; and France 10%), worth approx €320m (2011), leased to tenants including Champion, Delhaize, Carrefour, Lidl, Leader Price, Grand Frais. Ascencio has a wholly owned subsidiary - Etudibel SA, and other major shareholders include Groupe Selma and Groupe de Meester.

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Last Updated on Wednesday, 14 January 2015 07:55