Deka Immobilien acquires office property in Brussels (BE)

Deka Immobilien GmbH has acquired an office building in the European Quarter of the Belgian capital city from KBC Insurance. The asset transferred in this deal worth around €30 mln will be included in the portfolio of WestInvest ImmoValue, an open-ended mutual property fund which is exclusively geared to institutional investors.

 

The eleven-story building in Rue Nerviens was constructed in 1972 and comprehensively refurbished in 2001. Nine tenants currently use the available floor space of around 8,300 m². The property also includes 125 parking spaces. McDermott Will & Emery Belgium is the main tenant in the building.


Source: Deka Immobilien

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