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In 2014, the Project Management team managed and/or oversaw the following main projects:

Projects started before 2014: Belgium

Property

Operator

Type of

works

Number of

(additional) beds

(Additional) Surface

area (in m²)

Actual

K-level

1

Authorised

K-level

1

(Expected)

End of works

Damiaan – Tremelo

Senior Living

Group

Renovation

and

extension

+ 42 beds

+ 556

45

45

Q1 2014

De Mouterij – Aalst

Senior Assist

New

construction

116 beds and

12 service flats

7,643

32

40

Q3 2014

Lakendal – Aalst

Senior Assist

New

construction

80 beds and

29 service flats

7,503

38

40

Q1 2014

Les Jours Heureux –

Lodelinsart

Senior Assist

Extension

20 beds

1,345

29

45

Q2 2014

Noordduin – Koksijde

Armonea

New

construction

87 beds

6,440

30

45

Q2 2015

Vishay – Evere

Armonea

New

construction

162 beds

8,565

27

40

Q4 2014

Projects started before 2014: France

Property

Operator

Type of

works

Number of

(additional) beds

(Additional) Surface

area (in m²)

Actual

CEP-level

2

Authorised

CEP-ref. level

2

(Expected)

End of works

Frontenac – Bram

Korian/Medica

Renovation

and

extension

+ 8 beds

+ 700

207.16

221.51

Q3 2014

Le Clos Saint Sebastien –

Saint Sébastien sur Loire

ORPEA

Extension

+ 12 beds

+ 786

/

/

Q1 2014

Projects started in 2014

: Belgium

Property

Operator

Type of

works

Number of

(additional) beds

(Additional) Surface

area (in m²)

Actual

K-level

1

Authorised

K-level

1

(Expected)

End of works

De Nieuwe Seigneurie -

Rumbeke

Armonea

Extension

+ 31 beds

+ 1,688

40

40

Q2 2015

Den Brem - Rijkevorsel

Armonea

Extension

+ 36 beds

+ 1,325

29

40

Q1 2015

Susanna Wesley – Uccle/

Ukkel

Armonea

New

construction

84 beds

4,900

23

40

Q4 2015

Projects started in 2014

: France

Property

Operator

Type of

works

Number of

(additional) beds

(Additional) Surface

area (in m²)

Actual

CEP-level

2

Authorised

CEP-ref. level

2

(Expected)

End of works

Les Lubérons – Le Puy

Sainte Réparade

Korian/Medica

Renovation

and

extension

+ 25 beds

+ 1,400

226.70

247.60

Q3 2015

William Harvey – Saint

Martin d’Aubigny

Korian/Medica

Renovation

and

extension

+ 10 beds

+ 670

235.67

311.61

Q4 2015

For 2015-2016, excluding projects that were started but not yet completed in 2014, the main planned construction and renovation projects

are as follows:

Belgium

Property

Operator

Type of

works

Number of

(additional) beds

(Additional) Surface

area (in m²)

Actual

K-level

1

Authorised

K-level

1

(Expected)

End of works

7 Voyes – Vedrin

(phase 2)

Senior Assist

Renovation

/

/

40

45

Q3 2017

7 Voyes – Vedrin

(phase 3)

Senior Assist

Renovation

/

/

40

45

Q4 2018

Brise d’Automne & Chêne

– Ransart (phase 2)

Senior Assist

Renovation

and

extension

+ 16 beds and

6 service flats

+ 3,088

28

45

Q2 2016

Brise d’Automne & Chêne

– Ransart (phase 3)

Senior Assist

Renovation

and

extension

+ 16 beds and

6 service flats

+ 3,088

28

45

Q4 2017

Les Charmilles

Senior Assist

Extension

+ 48 beds

+ 1,681

35

35

Q1 2017

1

K-level: Global thermal insulation level of a building, which characterises the

thermal quality of its shell.

2

CEP-level: Energy consumption rating of a building for heating, cooling, domestic

hot water production, ventilation and lighting. The annual CEP-level must be less

than the authorised CEP-ref. level, which, in France, is defined by region.

MANAGEMENT REPORT / PROPERTY PORTFOLIO /

Healthcare real estate

58