NAMI - AEW Europe announces, on behalf of OPCI Franceurope Immo, that it has acquired the Louise Center office building in Brussels, from AXA Investment Managers, for an overall amount of approximately €54m. The 16.146 m² asset is ideally located in the heart of Brussels, on the prestigious Louise Avenue and offers a multitude of services nearby: shops, cultural spaces, hotels, restaurants, administrative services, school or sports activities and access to public transport.
The Louise Centre, an emblematic building, has been fully renovated in a contemporary high standard in 2014, before being labelled BREEAM "excellent". The new façade contributes to greater visibility and gives a strong identity to the asset which includes optimized, modern and flexible work spaces.
The property current occupancy is 90% with over 30 tenants, including The United Nations, Tribes business center or Altavia.
Arsène Marques, Deputy Managing Director at NAMI – AEW Europe, commented: "This new acquisition perfectly illustrates the evolution of our investment strategy, which now includes an asserted European dimension. The Louise Center reflects our determination to position ourselves on prime locations with a good depth in the rental and investment markets."
NAMI - AEW Europe was advised by Clifford Chance. AXA Investment Managers was advised Cushman & Wakefield.
NAMI - AEW Europe is an affiliate of AEW, one of the world’s largest real estate asset managers.
