Cofinimmo acquires Brussels office asset (BE)

Cofinimmo acquires Brussels office asset (BE)

Cofinimmo has acquired 100% of the shares of the company owning the Trone/Troon 100 office building, located in the Brussels Central Business District (CBD). Almost one-third of the building is already let to the Park Leopold Medical Centre, managed by CHIREC, through an 18-year lease contract. The conventional value of the property for the calculation of the share price amounts to approximately €40m.

 

The property is located within walking distance of the Brussels Luxembourg train station, the Trone/Troon metro station and several bus stops, making it easily accessible from all directions. In addition, the European Institutions are also just a stone's throw away. The building is being renovated with the emerging urban mobility trends in mind. Approximately the same number of parking spaces were provided for cyclists as for motorists, with accompanying facilities such as fully equipped shower rooms. The offices are modular, and thus flexible, in order to meet the wishes of the users. There is also room for a restaurant with a terrace. Among other things, modern glazing, new insulation of the roof and LED lighting in all areas will be provided. After the renovation, the building aims for an EPB level of B+. This acquisition is in line with the company's ESG objectives.

 

Jean-Pierre Hanin, CEO of Cofinimmo, said: "We will continue to recenter our office portfolio towards the Central Business District of Brussels in 2020. This strategically located, future-proof office building embodies our ambition to offer high-quality buildings where our tenants can stay in all comfort. The presence of the Park Leopold Medical Centre on the ground and first floor is an added benefit for the neighbourhood. Moreover, we already own the adjacent office building Trone/Troon 98, which offers additional possibilities for both buildings in the future.”

 

 

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