German property investment company APO Immobilien-Kapitalanlagegesellschaft (AIK) has entered the Belgium market through the purchase of the leasehold rights of an office building in Brussels from Belgian group Cofinimmo. The property is situated next to the Centre Culturel d'Auderghem in Souverain Plaza. The financial details of the transaction have not been disclosed.
German property investment company APO Immobilien-Kapitalanlagegesellschaft (AIK) has entered the Belgium market through the purchase of the leasehold rights of an office building in Brussels from Belgian group Cofinimmo. The property is situated next to the Centre Culturel d'Auderghem in Souverain Plaza. The financial details of the transaction have not been disclosed.
The building, constructed in 1989, consists of around 6,500m2 of lettable office space and 77 parking spaces. It is fully let to various tenants including personal care giant Colgate, lender SHL Belgium, Adecco and motor company Europia. Property advisor Knight Frank acted for the buyer.
APO Immobilien-Kapitalanlagegesellschaft mbH is an associated company of the Deutsche Apotheker- und Ärztebank, Germany's leading financial service provider in the health care sector. The group is a real estate investment company specialised in occupational pension funds and insurance companies.
