Real-estate leasing is a form of long-term finance, both on and off-balance sheet, enabling you to use a commercial property that we buy or build for you according to your wishes (*).
How does it work?
- You choose the architect and the contractor(s).
- You obtain the necessary permits and certificates.
- Following acceptance of the project, we send you the agreement to sign.
- Having signed the agreement, you will receive authorisation to sign the necessary contracts with the architect and the contractor(s) on our behalf.
- Once the relevant legal documents have been formalised, we will pay the invoices, subject to approval by you and the architect.
- You start making your lease payments once the agreement has been received.
- We are the owner of the building, you are the tenant.
- At the end of the lease, you have the option to buy the property at a predetermined price or to go on renting it.
- 100% financing of your investment.
- All-in solution, tailored to your wishes.
- Consistent rental payments.
- Prefinancing of the VAT: the VAT on new buildings for professional use can be reclaimed.
- Purchase option at the end of the agreement.
Good to know
- Real-estate leasing is available as both financial (on-balance sheet) and operational leasing (off-balance sheet).
- The agreement cannot be cancelled and the term is generally 15–20 years. Lease payments:
- Are fixed contractually;
- Depend on the capital invested by BNP Paribas Fortis Leasing Solutions;
- Can be monthly, quarterly or annual, fixed or variable;
- Can be paid in advance or arrears.
- Insurance, property withholding tax, maintenance and repair charges are payable by you.
- Real-estate leasing is only intended for buildings, excluding high-risk properties. It cannot be used to purchase land.
- Real-estate leasing agreements are drawn up based on the legislation governing rents, building rights and leasehold.
(*) Real-estate leasing is offered by BNP Paribas Leasing Solutions, a specialist subsidiary of the BNP Paribas group.