Montea leases more space in Tongeren
LOGISTICS & INDUSTRIAL
Montea has announced that it recently let 35,000m² of logistics and office space to BayWa r.e. Solar System in Tongeren. As reported by CBRE, who acted in the transaction, the space rented by the company active in the renewable energy sector is part of a larger logistics development of approximately 140,000m² on a prime location along the E313 Antwerp-Hasselt-Liège motorway. The site’s finishing level and ESG efforts were decisive for BayWa r.e. Solar System.
Earlier this year Montea had announced that together with its strategic partner, Group Cordeel, it had started the construction of a sustainable distribution centre of around 33,500 m² for BayWa r.e. Solar Systems in Tongeren.
On the site in Tongeren, the distribution centre is to be used for thestorage of solar panels. The tenant, BayWA r.e. Solar System specialises in renewable energy projects, assistingits clients with the development, planning and operation of wind and solar energy projects in more than 30 countries. It has signed a lease for a period of 9 years in Tongeren, with a first termination option at 6 years.
Sustainability, Montea goes on to say, is also central to this project. The new distribution centre is developed without gas, and will therefore only be heated using heat pumps. Extra attention is also being paid to the airtight character of this building, with the ambition to reduce energy consumption to 25 kWh per m² per year. Some 6,000 planned solar panels on the roof are expected to provide around 3,000 MWh per year of electricity. The possibility of storing the energy generated by the solar panels in batteries is also being investigated in order to then make optimal use of this energy.
With this development, Cordeel and Montea say they are taking the next step in the long-term structural cooperation they concluded in 2021, with the aim of developing around 180,000 m² of new buildings in Tongeren. With this new step, 90,000 m² of logistics space has already been leased in the meantime to leading companies.