HOME      NEWS           AGENDA           LIBRARY           NETWORK           PROJECTS           NEWSLETTER           ABOUT US     

Botanic Tower changes hands

There has been a major transaction in the North District of Brussels. Cushman & Wakefield has announced that it has acted for Allianz Real Estate on the sale of Botanic Tower (via the sale of the Botanic Building company).

The building, comprising 30,000 mē of GLA over 18 storeys, was originally constructed by the then Fortis Real Estate more than a decade ago, under the name of Botanic Building. It is located just on the other side of the railway bridge behind the Place Rogier, a district which is seeing considerable development at the moment. This location provides tenants with views over the Botanic Gardens. A major advantage is the proximity of the North Station with its trains, trams and buses, and from which the airport is reached in ten minutes or so.

The tower and has been sold to funds managed and/or advised by Partners Group, the global private markets investment manager. The Property offers significant asset management opportunities and uplift potential.

The sale confirms the increasing interest for this part of town, says Cushman & Wakefield, supported by strong and improving leasing activity, and by the global attractiveness of the Brussels market.










| 05/04/2018

share:    facebook  twitter 

News in short
Horizontal City goes on display at Bozar | 19/6
Prestige residential development on Avenue Louise | 14/6
Xavier Denis joins AG Real Estate | 13/6
Award for Tivoli | 11/6
Lunch with a fascinating architect | 5/6
Besix RED turns 30 | 1/6
Xavier Denis leaves Cofinimmo | 30/5
Atenor sells City Dox senior home | 29/5
Retirement homes market booming | 24/5
Pulse brings new life to Molenbeek | 22/5
Realty - out with the old... | 18/5
New look Realty smaller but attractive | 17/5
New SME park and retailing at Wavre South | 15/5
Docks Bruxsel changes hands | 14/5
Triomphe - turning workspace on its head | 7/5
Third edition of Exemplary Buildings | 4/5
Brussels faring well at European level | 2/5
Housing - the big picture | 25/4
Retail activity quarter one | 23/4
Club Med confirms co-working surge | 18/4
Larger companies targeted by citydev | 16/4
Flexible workspaces - a key corporate trend | 12/4
Hotel sector well on the way back up | 10/4
AXA buys Passport | 9/4
Botanic Tower changes hands | 5/4
Commission launches mega-project | 4/4
Realty heading for the seaside | 3/4
Office space evolving - CBRE | 26/3
Belfius Smart Belgium Awards: context and winners | 22/3
Antwerp looks to the future | 20/3
Manufacturing must be in the mix - citydev | 19/3
MediaPark in the spotlight at Mipim | 16/3
Mipim Awards for Antwerp and Brussels | 16/3
Charleroi in major regeneration | 14/3
Atenor emphasises 'political will and means' | 13/3
Forward-looking Mipim opens | 13/3
First quarter low on take-up, high on investment | 12/3
'The One' kicks off P.U.L. with a major letting | 9/3
SECO - focus on quality from new CEO | 8/3
Major residential conversion on Bld. de la Woluwe | 7/3


back