Through one of its subsidiaries, Belgium Real Estate Group (BREG) acquires a 20,500 m² landmark property that is situated Boulevard d'Avroy 35-39, in the center of Liège.
The property was developed in three phases between 1982 and 1992 and will be progressively upgraded by the buyer. The building currently hosts the regional offices of AXA Belgium, PwC and several region related entities.
Through this acquisition, BREG confirms its position of local player in Liège: BREG's local portfolio now exceeds 110,000 m² including the project on the Place du Cadran.
CBRE and Baker & McKenzie advise the vendor, and DLA and PwC advise the buyer.