HOME      NEWS           AGENDA           LIBRARY           NETWORK           PROJECTS           NEWSLETTER           ABOUT US     

Louise Center changes hands

A major transaction has taken place in the Louise district of Brussels. NAMI – AEW Europe has announced that it has acquired the Louise Center office building on the avenue of the same name, on behalf of OPCI Franceurope Immo. The building was previously owned by Axa Investment Managers, and the sale price is reported to be around €54 million.

With a surface area of just over 16,000 m², this building represents a major asset within an office district which has had its ups and downs over the years. The Avenue Louise remains one of the most elegant addresses in the European capital, and is home to such icons as the Blue Tower and the IT Tower; It fell out of favour as an office location in the early part of this century, but has been making a comeback over recent times. The advantages of the location include its wide range of facilities: shops, culture, hotels, restaurants and access to public transport among others.

The property is currently around is 90% with over 30 tenants, including The United Nations and Tribes business center.

Arsène Marques, Deputy Managing Director at NAMI – AEW Europe, comments: “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”.

Clifford Chance acted for the buyers, and Cushman & Wakefield for the sellers.










| 11/04/2017

share:    facebook  twitter 

News in short
Dockx Bruxsel: success, challenges and for sale | 17/10
Investment in residential attracts CBRE offering | 11/10
Blue Colibri buys in Luxembourg as well | 9/10
Arts 20 changes hands | 6/10
Cushman acquires Admos | 4/10
Cushman completes acquisition of DTZ Luxembourg | 3/10
DDS - new name and working concept | 2/10
M Square helps rebuild the image of Molenbeek | 27/9
A.S. Adventure and Juttu to replace Marks & Spencer | 25/9
Political flavour to Editions & Séminaires event | 21/9
New CEO at Arcadis | 19/9
Move for AkzoNobel | 17/9
AG clears the way for Tweed development | 13/9
Cofinimmo moving with the times | 11/9
Major sale on the Meir | 8/9
Immobel has a busy first half | 7/9
New avenue for citydev in the circular economy | 6/9
New acquisition via takeover by HIB | 1/9
Workspace design - the concrete results | 31/8
Brussels Canal : Biestebroeck back in the spotlight | 24/8
Major sale in Corporate Village | 22/8
Parking 58 closes at 59 | 21/8
Atelier Rebul heads for Belgium | 18/8
New investor for Leopold District | 17/8
Time for a break | 20/7
Logistics market flying high | 19/7
Brussels market slips in first half | 17/7
Progress in Canal zone | 12/7
M&G Real Estate makes first acquisition in Luxembourg | 11/7
DBFM formula with AG Real Estate for Goodyear Innovation centre in Luxembourg | 10/7
With Facebook's lease, Brussels reaches the 300€/m2 prime rent | 6/7
Atenor attacks Paris market | 5/7
Liège Coronmeuse moves to concrete stage | 3/7
Antwerp riding high and 'on trend' | 20/6
Call for tenders at Delta Brussels district | 15/6
International and heavy newcomer to Belgian flexible office scene | 14/6
Mapic to highlight F&B | 13/6
SCMS group, awarded for efficient shopping centers management | 12/6
Lunch with out of the ordinary Julien de Smedt | 9/6
Feder funds in action in Molenbeek | 6/6


back