On 27 January 2014 Leasinvest Real Estate sold the office building located Avenue Louise 66 in Brussels to Immo Graanmarkt sprl for a net amount of € 10,350,000 which exceeds the fair value at end-2013. This office complex located in front of the Steigenberger (ex-Conrad) hotel consists of 2 connected buildings and 1 commercial space (ground floor). It has a total rental surface of 3,398 m² and is entirely let.
This sale transaction fits within Leasinvest Real Estate' strategy to divest smaller, less strategic buildings. As a consequence of this sale, the Belgium offices part slightly decreases.
For more information, contact:
Leasinvest Real Estate
T: +32 3 238 98 77
Leasinvest Real Estate SCA
Real estate investment trust (sicafi/vastgoedbevak) Leasinvest Real Estate SCA mainly invests in high quality and well-located shops, offices, and logistics buildings in the Grand Duchy of Luxembourg and in Belgium. The consolidated real estate portfolio comprises 54 buildings and represents a total surface of 436,858 m².The sicafi is listed on Euronext Brussels and has a market capitalization of approximately € 363 million (value 29/01/2014).