In a transaction introduced and negotiated by Atisreal, Lexinvest sa - a part of the EuroCapital Property Investors Group - has acquired the former Belgian headquarters office building of Swiss Life. The property has a prime location at the heart of Brussels Central Business District just along the road from the 'Berlaymont' European Commission headquarters and entirely surrounded by buildings owned and occupied by the EU.
It enjoys excellent accessibility by public and private transport means with the Maelbeek metro station directly adjacent.
The new owners will undertake a comprehensive renovation of the building to bring it up to the latest specifications providing air-conditioned office accommodation of the highest quality on the doorstep of the European Administrations.
The building has a total lettable area of some 4,738 m² divided over a groundfloor and seven upper levels. Typical office floors are some 488 m² and the ground floor is some 1,399 m² with archive space in the basements.It has 58 internal car parking spaces reached from an entrance in the rue Joseph II.
The renovation programme will include a new entrance hall, lifts, floors and ceilings, access and facilities for disabled persons and a complete redecoration and refurbishment throughout to provide attractive, light and airy offices meeting the highest standards of comfort and efficiency. The works are scheduled for completion in autumn 2006.
This is the second office purchase in Brussels' CBD by the EuroCapital Property Investors group. At the end of 2005 they acquired 11 Boulevard Bisschoffsheim - also introduced by Atisreal.