BESIX RED INCREASES ITS PRESENCE IN AND CONFIRMS ITS RELATIONSHIP OF TRUST WITH ITS FINANCIAL PARTNER LA COMPAGNIE DU BOIS SAUVAGE

BESIX continues its strategy of pan-European diversification with the acquisition of a second piece of land spanning 34,000 sqm in Lisbon.

The subsidiary of BESIX Group in charge of real estate development is increasing its presence in Portugal and, above all, confirms the relationship of trust that it maintains with its partner and Belgian investor la COMPAGNIE DU BOIS SAUVAGE.

For BESIX RED, the signature of the confidence that our partner has in working in the neighbourhood, new project «Praça de Espanha» is us. Trust gained by our experience but primarily for the local market new evidence of the expertise it has in the field of property development and more specifically its middle/ acquired within and outside of its but also by our ability to avoid middle-upper class. In this context borders. -related risks, assisted as well as in our other projects, by the BESIX Group subsidiaries on we will surround ourselves with More than ever, Lisbon is now on site. » leading local partners to share the growing list of 13 cities where the our expertise and co-create a developer is present and hopes to This new site, ideally situated in the project that harmoniously fits in establish a long term activity. heart of the ‘Avenidas Novas’ district, its environment», ensured Nicolas close to the embassies and the city Goffin, Head of Portugal at BESIX According to its CEO Gabriel Uzgen, centre, foresees the development of RED. The developer has therefore even if this acquisition is testament to a residential project of 34,000 m² entrusted the project’s design to the BESIX RED’s ambition of geographical divided into two phases, with 280 Portuguese architectural firm Nuno expansion, «it is not a simple project housing units and 420 parking spaces. Leónidas Arquitectos. to add to our portfolio. It is above all the reflection of the reliability and In partnership with the investment With this new acquisition, BESIX the team spirit which define the holding company, BESIX RED intends RED has currently 26 projects in sustainable relationship developed to design a quality program which development covering an approximate with our financial partner la will satisfy the requirements of its area of 500,000 sqm. COMPAGNIE DU BOIS SAUVAGE». future occupants and anticipate their future needs. A partner BESIX RED has previously been able to count on for the OXYGEN «We will design a product in line residential project in Auderghem (89 with BESIX RED’s philosophy; i.e. apartments). «We welcome this new a product with high architectural collaboration, outside of Belgian and technical quality intended soil, this time! It reflects the real not only for the many expatriates

BESIX RED is a Belgian real estate development company, operating in residential, office, retail & services properties. As a subsidiary of BESIX Group, the company is present in and in a growing number of foreign cities. With a concern to create sustainable that reflect its customers’ needs, societal and ecological components, as well as innovation, form an integral part of its effort to conceive the real estate of tomorrow. www.besixred.com