Heijmans Belgium sells shopping centre to ING Real Estate - Transaction value over ¤38 million

's-Hertogenbosch - Heijmans Property Development Belgium has sold a shopping centre in the Belgian Municipality of Beveren to ING Real Estate. The transaction includes 10,000 m2 of commercial property valued at over ¤38 million. The shopping centre sold is part of the 'Warande' Project: an inner city redevelopment project undertaken by Heijmans Property Development in the centre of Beveren. 'Warande' includes 10,000 m2 of commercial property, 43 apartments and 269 parking spaces. The development of the project has been started. Its commercial portion will be completed in 2009. Heijmans Property Development Belgium has since leased around 70% of the commercial space to companies such as H&M, Esprit, Torfs and JBC. Options on 30 of the 43 apartments in the project are currently sold. For additional information Media Frank Janssen Director of Corporate Communications +31 73 543 51 69 fjanssen@heijmans.nl Analysts Fons van Lith Director of Investor Relations +31 6 51314952 flith@heijmans.nl