Real
Estate
Certificates
Real estate certificates are debt claims, which may or may not be listed on an exchange, that offer a variable rate of interest. They entitle holders to beneficial ownership of real estate: i.e. the net income derived from the buildings and any net proceeds when they are sold.
Part of the annual coupon qualifies as redemption of principal, so it is exempt from withholding tax. The other part, the interest component, is subject to a withholding tax.
Property risk exposure is generally concentrated on a single or a limited number of buildings and will determine, as well as financial and real estate market trends, the value of the real estate certificate and its expected income.
Click on the real estate certificate below to find more information concerning the real estate certificates, managed by AG Real Estate.
Name | ISIN code | Issuing company | |
---|---|---|---|
WOLUWE EXTENSION | BE 0003600112 | Le Certificat Foncier | Display |
WOLUWE SHOPPING CENTER | BE 0003571792 | Le Certificat Foncier | Display |
The issuing company of Le Certificat Foncier has adopted a Governance Charter (text only available in French and Dutch):