PropertyEU
Wilhelm & Co to fund mall deal with listed certs
Date: 1 June 2011
Wilhelm & Co has confirmed its intention to list real estate certificates on NYSE Euronext Brussels to acquire the Médiacité shopping centre in Liège. The real estate certificates will be issued by Médiacité Shopping NV/SA.

ING Belgium and Petercam have been appointed as Joint Lead Managers, and Dexia has been engaged as Co-Lead Manager to assist Wilhelm & Co in listing the real estate certificates.

The IPO is expected to comprise an offering to institutional investors in Belgium and the rest of the European Economic Area, as well as a public offering to retail investors in Belgium . There will be no public offering outside Belgium . The public offer and admission to trading on the regulated market of NYSE Euronext Brussels are expected in the next few months.

Médiacité is the main shopping centre in the Liège region with 125 retail units representing a total gross lettable area of 45,313 m2. The centre opened in 2009 and in its first year of operation attracted more than 5.3 mln visitors. Médiacité won several awards such as the CBLCC, nomination for ICSC Europe award, Mapic and World Architecture Festival. Médiacité was the first constructed BREEAM certified building in Belgium and the first BREEAM retail certified shopping centre in Europe.
 
Kempen & Co sees more property IPOs and takeovers
Banking sector leasing levels accelerate across Europe: C&W
ULI trends conference examines role of cities in next cycle
Dixons sells and leases back Swedish distribution centre
Lemminkäinen to build two office projects in Helsinki
Echo starts construction of Galeria Amber in Kalisz
Bouwfonds carries out 3rd resi deal in Sweden
Aberdeen fund buys retail property in Germany
Wilhelm & Co to fund mall deal with listed certs
Buck Consultants opens office in Chicago