DOCSLIB.ORG

3.1 Our Commitment to Stakeholders Is Further Strengthened

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
3.1 Our Commitment to Stakeholders Is Further Strengthened 3 Value Creation 3in and Valuefor society Creation 3.1 in and Our commitment to for society stakeholders is further strengthened through Connect21 As an insurance group, Ageas is at the heart of a number of societal themes which are very much present in all our lives. An ageing population, health related matters, new forms of living, mobility and climate change, all create risks and opportunities for Ageas's businesses. To remain relevant not just today, but also in the future, the company has reflected on these challenges. In the context of Connect21, its current 3 year strategic plan, it adopted a full stakeholder model including society aiming at creating value for all its stakeholders whilst taking into account the specificities of the various countries. For each stakeholder category, clear ambitions have been agreed upon and are being put in practice. Ageas committed to adhering to the UN Sustainable Development Goals (SDG). Based on its core competences it choose to actively work around the following 10 SDGs: 1616 3 Value Creation in and for society 3.1 Our commitment to The visual symbolises Ageas’s stakeholder engagement stakeholders is further and a clear commitment on who the company wants to be as a Group, strengthened through a true “Supporter of your life” Connect21 As an insurance group, Ageas is at the heart of a number of societal themes which are very much present in all our lives. An ageing population, health related matters, new forms of living, mobility and climate change, all create Ageas’s first materiality matrix risks and opportunities for Ageas's businesses. To gain detailed insight into the sustainability topics that are most Ageas and were categorised under Employees, Investors, Society and To remain relevant not just today, but also in the future, the company has reflected on these relevant for the business, Ageas performed its first materiality Business Partners. The End Customer was not included during this first challenges. In the context of Connect21, its current 3 year strategic plan, it adopted a full assessment in 2020. The results of the assessment will be used as input materiality assessment. Alternatively, business partners (brokers) did stakeholder model including society aiming at creating value for all its stakeholders whilst taking for future strategic planning cycles as well as to increase transparency provide insights on the expectations of the End Customer. Even though into account the specificities of the various countries. For each stakeholder category, clear on sustainability to stakeholders. The materiality assessment consisted Ageas is in frequent contact with all stakeholder groups, it was the first ambitions have been agreed upon and are being put in practice. Ageas committed to adhering of three large phases which took place between February and time these stakeholders were consulted specifically in the context of to the UN Sustainable Development Goals (SDG). Based on its core competences it choose to September 2020. sustainability. Discussions will be ongoing with each stakeholder group actively work around the following 10 SDGs: on specific topics resulting from the assessment. To gain insight into As consultations were conducted during the global COVID-19 crisis, it the geographical differences of the Ageas Group different entities were is no surprise that the topics Financial Resilience and Responsible included in these consultations: Belgium, UK, Continental Europe and Governance rank highest from both a stakeholder and management the Ageas headquarters in Brussels and Hong Kong. perspective. For an insurance company, having a solid financial performance, strong and reliable governance and continuously For the internal perspective the Executive Management and Board of anticipating (societal) challenges is crucial to fulfil all stakeholders’ Directors, as well as the OpCo CEOs and HR managers were involved. needs. Both the stakeholder and management consultations consisted of an online survey, combined with in-depth interviews. Ageas received a How we went about it total of 1,234 answers for the surveys (response rate of 54%). In a first phase, an elaborated desktop study on internal and public Furthermore, a total of 22 in-depth interviews were organised, spread documents (documentation by internationally recognised sustainability across the different stakeholder groups and management, to ensure a standards and organisations, ESG ratings, reports of peers and media more profound understanding of the expectations and performance of articles) was performed, to arrive at a list of relevant topics for Ageas, Ageas on these topics. adhering to the concept of double materiality. Ageas’s different operating companies were involved in this phase to ensure the list of The third and final phase consisted of analysing all the input received topics were representative for all geographical areas in which Ageas is and drawing conclusions. This resulted in a consolidated materiality active. matrix for the entire Ageas Group (see below). To make the results more tangible for the local OpCos, a materiality matrix was built for each In the second phase stakeholder and management consultations were OpCo as well. The group materiality matrix was presented to and held to help prioritise the relevant topics. Different stakeholder groups validated by the Executive Management and the Board of Directors. were selected based on Ageas’s impact on them and their influence on 16 Ageas Annual Report 2020 Annual Report 2020 1717 Results The first materiality matrix for Ageas shows as follows: Results The first materiality matrix for Ageas shows as follows: OPIC HIGHLY TERIAL MATERIALITY 9 Financial resilience 9 7 Responsible governance MATERIAL 7 11 Insurance products and services protecting against societal challenges 14 Social responsible investments focusing on societal challenges 12 11 12 Easy to understand, fair and transparent information to customers 2 10 2 Health and well-being of our employees 3 14 3 Personal and professional development of our employees 6 1 8 13 10 Insurance products and services incentivising responsible behaviour 4 5 MODERATELY TERIAL OPICS 1 Environmental footprint of our business operations 4 Equal opportunities of our employees Significance of the reporting organization’s economic, 6 Employees and customers’ data protection environmental and social impacts 13 Financial inclusion of customers (accessibility of protection) 8 Local community engagement 5 Public debate participation on societal challenges. Ageas has connected the top 8 ESG materiality topics to the capitals of the International Integrated Reporting Council (IIRC1), as included in Ageas’s business model, and the by Ageas selected SDGs. The overview clearly demonstrates the use of the IR capitals and supports the SDG choices. Ageas has connected the top 8 ESG materiality topics to the capitals of the International Integrated Reporting Council (IIRC1), as included in Ageas’s business model, and the by Ageas selected SDGs. The overview clearly demonstrates the use of the IR capitals and supports the SDG choices. MATERIAL SDGs 9 Financial resilience Financial 7 Responsible governance Intellectual, Human, Social & Relationship 11 Insurance products and services protecting against societal challenges Intellectual, Social & Relationship 14 Social responsible investments focusing on societal challenges Financial, Intellectual, Social & Relationship 12 Easy to understand, fair and transparent information to customers Social & Relationship, Intellectual 2 Health and well-being of our employees Human 3 Personal and professional development of our employees Human 10 Insurance products and services incentivising responsible behaviour Social & Relationship, Intellectual 1 Integrated Reporting model see https://integratedreporting.org/wp-content/uploads/2013/12/13-12-08-THE-INTERNATIONAL-IR-FRAMEWORK-2-1.pdf 1 Integrated Reporting model see https://integratedreporting.org/wp-content/uploads/2013/12/13-12-08-THE-INTERNATIONAL-IR-FRAMEWORK-2-1.pdf 1188 18 Governance of sustainability The Group Director Sustainability leads and oversees all projects, reports to and interacts with the CEO and ensures regularly briefings The Ageas governance model is based on a robust framework capable to the Board of Directors, the Executive Committee and the of ensuring that there is understanding, oversight and accountability Management Committee on the progress made as well as requesting for risks arising from sustainability related topics at all levels of the their approval of topic specific action plans. Group. As stipulated in the Corporate Governance Charter, the Board of Directors has the role of oversight and pursues sustainable value Besides the SDGs and the Principles for Responsible Investment (UN creation by the Company, Ageas group, by setting the strategic PRI), Ageas also formally subscribed to the UN Global Compact (UN ambitions for the management of the Company and by putting in place GC) and Principles for Sustainable Insurance – UNEP FI (PSI) effective, responsible and ethical leadership and lastly by monitoring frameworks in 2020 which are all supportive to the overall objective to the Company’s performance. In order to pursue effectively such be a stakeholder driven company focusing on creating both economic sustainable value creation, the Board develops an inclusive approach and societal value and reconfirm its commitment. that balances the legitimate interests and expectations of its shareholders with
Load more

Recommended publications
  • Paris Real Estate Week a Week of MIPIM and Propel Events Dedicated to Property, Cities & Innovation 14 - 17 September 2020 • Paris, France
    Paris Real Estate Week A week of MIPIM and Propel events dedicated to property, cities & innovation 14 - 17 September 2020 • Paris, France Conferences & events programme Forum de la Ville Conferences theme What is The Paris Real Estate Week ? A week of MIPIM and PROPEL events dedicated to The first days of the Paris Real Estate Week focus on property, cities and innovation. innovation in real estate. The Paris Real Estate Week is the first event to trigger Propel by MIPIM becomes the Week’s flagship event with business rebound gathering international real estate conference sessions, networking opportunities and an leaders who wish to reconnect, benefit from timely exhibition area that will address key topics such as data, content and prepare future investment strategies, to sustainable development, talent, investing in innovation, speed the recovery of the property industry. and the user experience. With a new concept, the Paris Real Estate Week offers Throughout the week, take the opportunity to attend a full programme of thought-inspiring keynotes, events that made the success of MIPIM Cannes such conference sessions and networking events around 5 as the Awards Ceremony & Dinner, the Startup main topics: Competition Finals and the Hospitality Summit. To complete this unrivaled programme, MIPIM organises the MIPIM Urban Forum. Themed around "Embracing change", the sessions will be designed to analyse all the factors that have changed our urban lives and how they impact the industry and urban development. A "City Forum" dedicated to decision-makers from French Innovation Urban Investment local authorities will also take place on 16 September to Environment encourage the sharing of experiences and provide an initial assessment of how Covid-19 has affected real estate.
    [Show full text]
  • INVESTOR PRESENTATION MAY 2019 Disclaimer
    INVESTOR PRESENTATION MAY 2019 Disclaimer The information contained in this document has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained herein. Neither the Company, nor its shareholders, nor their advisors or representatives, nor any other person shall have any liability whatsoever for any loss arising from any use of this document or its contents or otherwise arising in connection with this document. This document does not constitute an offer to sell or an invitation or solicitation of an offer to subscribe for or purchase any securities, and this shall not form the basis for or be used for any such offer or invitation or other contract or engagement in any jurisdiction. The information, assumptions and estimates that the Company could reasonably use to determine its targets are subject to change or modification due notably to economic, financial and competitive uncertainties. Furthermore, it is possible that some of the risks presented in Section 2 of the Registration Document filed with the AMF under number D.19-0272 on 4 April 2019, could have an impact on the Company’s ability to achieve these objectives. Accordingly, the Company cannot give any assurance as to whether it will achieve the objectives described, and makes no commitment or undertaking to update or otherwise revise this information. No assurance is given as to the fairness, accuracy, completeness or correctness of the information or opinions contained in this document.
    [Show full text]
  • Download The
    14-17 September 2020 – Paris, France Press Release LAUNCH OF PARIS REAL ESTATE WEEK IN SEPTEMBER A week of MIPIM and PROPEL events dedicated to property, cities and innovation Gecina, BNP Paribas Real Estate, AG Real Estate, Schneider Electric, Pi Labs, Saint Gobain, Prologis, Keys AM and Arcelor Mittal already confirmed in the programme Paris, June 2, 2020 – Paris Real Estate Week (14 to 17 September) today unveils its initial programme comprising debates, conferences, Awards and an exhibition area that will address key topics in property, city agendas, and innovation. MIPIM 2020 has been cancelled due to Covid-19. The next edition will take place in March 2021, in Cannes. Paris Real Estate Week (the Week) will therefore be the first event enabling real estate leaders to make an initial assessment of the Covid-19 impact on the industry and discuss future prospects. It will be built around Propel by MIPIM, an event formerly known as MIPIM Proptech Europe, which focuses on innovation and brought together last year some 2,000 decision-makers from 41 countries working in the property, technology, and public authority sectors. The Week will combine events organized by Propel and MIPIM as well as by clients and partners. Meanwhile the MIPIM Connect digital platform will continue to operate in parallel. The following key topics in in the property sector will be discussed during the Week: Innovation In this time of unprecedented crisis, innovation plays an essential role. Propel by MIPIM will therefore become the Week’s flagship event, to be held on September 14 and 15 at the CENTQUATRE in Paris, complete with an exhibition space, conferences and networking opportunities.
    [Show full text]
  • Atenor, Ag Real Estate and Axa Im – Real Assets Sign a Partnership a Greement for the Redevelopment of the Brussels North Communications Center (Ccn)
    Press release ATENOR, AG REAL ESTATE AND AXA IM – REAL ASSETS SIGN A PARTNERSHIP A GREEMENT FOR THE REDEVELOPMENT OF THE BRUSSELS NORTH COMMUNICATIONS CENTER (CCN) La Hulpe, 15 April 2019 ATENOR, AG Real Estate and AXA IM - Real Assets, acting on behalf of one of its clients, have signed a partnership agreement for a major development on what is currently known as the CCN site, adjacent to Brussels' Gare du Nord station. The site has all the advantages required to provide an ideal setting for a redevelopment scheme embodying the new vision of urban lifestyle that all actors of the city aspire to. Blessed with exceptional access to public transport (Metro and bus station are an integral part of the building, plus direct access to the Gare du Nord railway station), the project lies at the heart of a district that has recently embarked on a deep transformation. The neighborhood of the big urban stations, by combining density, mixity and public spaces of quality, will constitute the pillars of the development of the cities of the future. This project should be a perfect representation. Works on the project are scheduled to begin in 2021 when the Brussels-Capital Region (which currently occupies most of the existing building) will leave the premises. This development perfectly fits with the strategy deployed by ATENOR in recent years. In Brussels specifically, ATENOR is present in the European quarter, along the Canal and around the main railway stations (Gare du Nord and Gare du Midi). This sample of Brussels’ projects is a testament to ATENOR's focus on engaging in key neighbourhoods of sustainable development (economic, environmental and social) of the Region.
    [Show full text]
  • 1 History of Befimmo's Evolution *
    August 2018 HISTORY OF BEFIMMO’S EVOLUTION Since its creation in 1995, Befimmo has continuously been investing in sustainable and quality buildings, with the objective of offering its tenants quality office buildings, on the one hand, and a stable dividend to its shareholders, of a yield level that is balanced in relation to tis risk profile, on the other hand. With the desire to anticipate the rapid and far-reaching changes in its market, Befimmo announced in September 2017 an expansion of its mission and vision of tomorrow’s workspaces, and of how to design and use them. Today, Befimmo defines itself as a real-estate operator specializing in office buildings, meeting centres and coworking spaces. It aims at offering its occupants contemporary office spaces and related services in buildings that are sustainable in terms of architecture, location and respect for the environment. By creating such added value for its users, Befimmo also creates value for its shareholders. At 30 June 2018, the fair value of its portfolio was €2.6 billion. * * * December 1995: foundation of Befimmo and stock market launch [value of portfolio at 31 December 1995: €131.5 million] On 30 August 1995, “Woluwe Garden D SA” was founded, a subsidiary of the Bernheim-Comofi group, with the mission of buying and letting buildings. The company was originally devoted mainly to the management of a building named "Woluwe Garden D", at boulevard de la Woluwe No 24, Zaventem (St Stevens Woluwe). The Bernheim-Comofi group then decided to expand its subsidiary’s property portfolio, which was then renamed Befimmo and converted into a Société en Commandite par Actions.
    [Show full text]
  • Europe Summit Network Level Networking Event.”
    REAL ESTATE INVESTORS & DEVELOPERS IN EUROPE INVESTISSEURS & DÉVELOPPEURS IMMOBILIERS EN EUROPE The 16th Annual GRI PARIS 10-11 SEPTEMBER EUROPE Intercontinental Paris Le Grand SUMMIT 2013 Engage directly with Real Estate leaders in group discussions English & French Program English & French Programme français et anglais et français Programme facebook.com/globalrealestate.org “You meet all the managing directors and board @realestategri #europegri members from other companies, it is really a high GRI Europe Summit Network level networking event.” Frank Billand Find out why the GRI is unique ... CIO & Member of the Management Board http://www.globalrealestate.org/club-meetings.aspx Union Investment Real Estate FERGAL FEENEY LENNART STEN JOSIP KARDUN SYLVAIN FORTIER VaDIM KORSAKOV RIC LEWIS BRIGITTE GOUDER DE BERNARD PENAUD FraNK BILLAND Head of Asset Recovery President & CEO CIO EVP, Residential & Hotels CIO Chief Executive & Chairman BEAUREGARD COO, Europe CIO & Member of the IBRC GE CAPITAL REAL ECE IVANHOÉ CAMBRIDGE NATIONAL PENSION FUND TRISTAN CAPITAL MD TISHMAN SPEYER Management Board ESTATE EUROPE PROJEKTMANAGEMENT BLAGOSOSTOYANIE PARTNERS AG REAL ESTATE UNION INVESTMENT FraNCE REAL ESTATE Welcome Bienvenue European Real Estate 2014 – Is the optimism justified? Immobilier Européen 2014 – L’optimisme est-il justifié ? Whilst the need for financing is still lamented, new debt solutions are seizing the market and the tune Alors que le manque de financement est toujours is turning to ‘equity’. déploré, Keziah Augsburger de nouvelles solutions arrivent sur le marché et la This rising expectation together with the much balance talked about ‘Rented Resi’ craze and ‘IPOs’ has penche vers les capitaux propres. called in participants from every pocket of Europe - and an intriguing number from across the globe - Ces attentes toujours croissantes ainsi que to take part in the 16th GRI Europe Summit.
    [Show full text]
  • Strengthening in the Frey Retail Fund: Frey Expands Its Open-Air Shopping Center Portfolio
    1 Bezannes, July, 28, 2020 STRENGTHENING IN THE FREY RETAIL FUND: FREY EXPANDS ITS OPEN-AIR SHOPPING CENTER PORTFOLIO Frey, a real estate company specialising in open-air shopping centres, today announced the acquisition of AG Real Estate's stake in the Frey Retail Fund 2 (FRF 2) investment vehicle, thereby becoming the majority shareholder in FRF, alongside its long-standing partner Crédit Agricole Assurances1. This strategic transaction enables Frey to strengthen its position in high quality assets known to the company and offering solid performances. The FRF 2 portfolio consists mainly of 4 prime open-air shopping centres in Belfort, Cormontreuil, Dechy and Torcy (70,000 sqm in total), and 7 smaller assets located in leading sites in their catchment areas. Valued at €184 million excluding duties at 30 June 2020, the portfolio's assets show solid fundamentals: high occupancy rate, attractive rent for the tenants and a net yield (including duties) of 6.7% at 30 June 2020. The transaction will be paid by the delivery of 650,000 Frey shares held in treasury stock and a cash payment of €20.2 million2 financed from the company's own resources. Following the transaction, AG Real Estate's total stake in FREY will increase from 10.0% at 30 June 2020 to approximately 12.7%. AG Real Estate has sign an undertaking to retain the 650 000 FREY shares for a period of 6 months following the date of completion of the transaction. Following the transaction, the Frey Retail Fund will be fully consolidated in Frey’s financial statements.
    [Show full text]
  • Availabilities-2020-Q4.Pdf
    OFFICES - WAREHOUSES 2020Availabilities - Q4 ABOUT AG REAL ESTATE 4 6 GEOGRAPHICAL AREAS ASSET CLASSES With a diversified portfolio valued at € 6,5 billion, AG Real Estate is the largest real estate group in Belgium. A subsidiary of AG Insurance, the 73% Benelux Office leading player on the Belgian insurance market, AG Real Estate is able 14% France Residential 11% Europe to leverage the group’s financial muscle to support its core activities: Retail Development, Investment, Financing and Public Car Park Management. 2% USA Warehouse AG Real Estate, employing a staff of over 290, manages 6 asset classes: Senior Housing Office, Residential, Retail, Warehouse, Senior Housing and Car Park. 5 Car Park ACTIVITIES www.agrealestate.eu Development Investment Real Estate Financing Public Private Partnership Car Park & Shopping Management - THIS IS A NON CONTRACTUAL DOCUMENT - SERVICES — LOCATION BUILDINGS HVAC Bike CENTRAL DISTRICT 3 CENTER DISTRICT 9 CENTRAL PLAZA CITY CENTER Security Access Parking in the building LEOPOLD DISTRICT 4 SOUTH PERIPHERY 10 ARTS & LUX PARC DE L’ALLIANCE LOUISA DISTRICT 5 Accessible for the Tram - less than 5 disabled TWEED minutes walk STEPHANIE SQUARE IT TOWER Free Height Metro - less than 5 minutes walk SCHUMAN DISTRICT 8 CRYSTAL Modulation Train - less than 10 minutes walk Restaurant in the Airport - less than 15 vicinity minutes OFFICES Central Plaza Central Plaza is a 15 floors high building comprising a total of over 23.000 m² office space. Its location, near the Brussels Central Station, is ideal and easily accessible by car and public transport. The high-quality, durable and recyclable materials used and the ecological qualities of the building guarantee both an user comfort and an optimum operating costs.
    [Show full text]
  • The Office Market 2Nd Quarter 2019
    PARIS / GREATER PARIS REGION THE OFFICE MARKET 2ND QUARTER 2019 LETTINGS MARKET INVESTMENT MARKET OUTLOOK THE LETTINGS MARKET HIGHLIGHTS A RESILIENT ECONOMY Down 15% compared to the same period in 2018, The international climate has further vests movement. Other indicators have take-up in the first half of 2019 was 6% higher deteriorated in recent months. This is due to improved: although still far from its December than the ten-year average. strong commercial and geopolitical tensions 2017 high, the business climate has gained and the still real possibility of a hard Brexit. four points since the beginning of the year after With eight transactions ˃ 5,000 sq m in the first This deterioration weighs on the global growth having lost almost ten points in 2018. half of 2019, coworking accounts for 62% of the outlook, which the OECD has recently lowered Furthermore, the increase in business start-ups volume of large transactions recorded in Paris. to +3.2% for the current year, while other should remain steady, following the almost forecasters expect growth of less than 3%. 20% year-on-year increase recorded in 2018 in Office supply was stable over a quarter. With the Greater Paris Region. 2.87 million sq m available, the vacancy rate in The slowdown is noticeable among several of the Greater Paris Region stands at 5.3%, but France's key trading partners, including The employment market is also showing a 1.8% in Paris CBD. Germany, Italy and the United Kingdom. positive trend: while it remains slightly above its Foreign demand in France will be affected, with pre-crisis level, the unemployment rate fell to Investment volumes in the Greater Paris Region the result that GDP growth will slow down 7.6% in the Paris region in the first quarter of office market reached €8.6 billion in the first half again in 2019 (+1.3% following +1.7% in 2018).
    [Show full text]
  • The “Arlon-Trier” Building in Brussels European District Given a Sustainable Future
    THE “ARLON-TRIER” BUILDING IN BRUSSELS EUROPEAN DISTRICT GIVEN A SUSTAINABLE FUTURE One of the landmark buildings of the seventies at the heart of the European district, the Arlon-Trier building, will be the subject of an impressive refurbishment over the next few years in readiness for a sustainable future. The building’s new owners, project developers BPI Real Estate and AG Real Estate, have collaborated with the Brussels master builder to assemble a team of architects that will transform the existing building into an innovative office complex that pays particular attention to the well-being of its occupants while retaining today’s distinctive architecture. The developers and the master builder’s team organised an architectural competition for the new design of the building, which drew a great deal of interest from both at home and abroad. Five candidates were given the opportunity to submit project proposals. The Trans – Util – CES team was ultimately selected thanks to their bold structural choices that respect the architecture of today’s building in its entirety. What initially appears to be a dull office complex in the European district will be upgraded with a discreet elegance as the result of the architectural competition. And this is achieved on the basis of a philosophy geared to the sustainable reuse of buildings. Sound cooperation with the private developers, a robust competition attracting significant interest on account of the architectural candidates and a ground-breaking circularity concept because even the building’s support structure will be addressed: several more steps in the advancement of architectural quality! A game-changer in the real-estate market? according to Brussels master builder Kristiaan Borret.
    [Show full text]
  • INVESTING in RETAIL a Special Supplement to PERE Magazine QIC GLOBAL REAL ESTATE
    JULY 2018 | perenews.com FOR THE WORLD’S PRIVATE REAL ESTATE MARKETS Sponsors: Meyer Bergman NEINVER QIC Savills Investment Management Virtuous Retail South Asia Yardi INVESTING IN RETAIL A special supplement to PERE magazine QIC GLOBAL REAL ESTATE. REINVENTING RETAIL. Where most see shopping malls, we see opportunities to transform communities into thriving lifestyle, entertainment and retail destinations. For over 27 years, we have focused on identifying the right retail assets, ready for growth, and maximising their potential for our clients. With $15.7 billion real estate assets under management*, our established platform in the U.S. and proven track record in Australia have equipped us with the specialist expertise to reinvent the strongest local retail opportunities. We do this to deliver investors the outcomes they seek. QIC. Global Diversified Alternatives. Global Real Estate Global Infrastructure Global Private Capital Global Liquid Strategies qic.com Global Multi-Asset Reza Basharzad Leonie Wilkinson Director, Investment Specialist, Director, Investment Specialist, Global Clients & Marketing Global Real Estate T +1 818 621 3832 T +61 434 079 357 E [email protected] E [email protected] QIC Limited ACN 130 539 123 (“QIC”) is a wholesale funds manager and its products and services are not directly available to, and this communication is not intended for, retail investors. Past performance is not an indication of future performance. For more information about QIC, our approach and regulatory framework, please refer to our website www.qic.com or contact us directly. *As at 31 March 2018. EDITOR’S LETTER Reinventing retail Reinvention sounds positive. Surprised? The trouble with retail is we have become accustomed to reading gloomy headlines about big- name stores scaling back or closing down completely.
    [Show full text]
  • Transparency Notification AG Insurance
    PRESS RELEASE Publication of a transparency notification Regulated information - under embargo till 26/07/2021 – 18.00h www.leasinvest.be PRESS RELEASE - Regulated information under embargo till 26/07/2021 – 18h00 PUBLICATION OF A TRANSPARENCY NOTIFICATION IN ACCORDANCE WITH THE LAW OF 02/05/2007 ON THE DISCLOSURE OF IMPORTANT PARTICIPATIONS A notification of 26 July 2021 issued by AG Insurance, shows that both a passive threshold overrun and a drop below the minimum threshold took place, following the introduction of the double voting rights and a capital increase by contribution in kind from a/o Extensa Group, as approved at the extraordinary general meeting of Leasinvest Real Estate on 19 July 2021. The total number of voting rights of AG Insurance in Leasinvest Real Estate has therefore decreased to 2.58% of the voting rights in Leasinvest Real Estate NV (hereinafter the "Company”). The notification comprises the following information: REASON FOR THE NOTIFICATION: Passive threshold overrun - Drop below the minimum threshold NOTIFICATION: by the parent company or controlling person. PERSON(S) SUBJECT TO THE NOTIFICATION REQUIREMENT Name and legal form Address Ageas SA/NV Rue du Marquis 1, 1000 Brussels AG Insurance (NV) Emile Jacqmainlaan 53, 1000 Brussels TRANSACTION DATE: 19 July 2021 THRESHOLD DROPPED BELOW: 3% DENOMINATOR: 11,804,919 2 www.leasinvest.be PRESS RELEASE - Regulated information under embargo till 26/07/2021 – 18h00 DETAILS OF THE NOTIFICATION A) Voting rights Previous After the transaction notification # voting rights
    [Show full text]