Allfin Group has acquired 100% of the shares of the companies owning the piece of land located in the Leopold district of Brussels from O’Connor Property Group and a syndicate of private Irish investors.
Allfin Group has acquired 100% of the shares of the companies owning the piece of land located in the Leopold district of Brussels from O’Connor Property Group and a syndicate of private Irish investors.
The Van Maerlant site is located in the vicinity of both the EU Consilium building and the European Parliament and will be developed to offer 5,200 m2 of office accomodation and 11 residential buildings totaling approximately 30,000 m2. The project, which was designed by architects A2RC and Jaspers-Eyers & Partners, is planned for delivery in the fourth quarter of 2013.
CB Richard Ellis advised Allfin on the acquisition.
Allfin Group is a real estate development company specialised in the development of high-end office, retail, residential and mixed projects in Luxembourg and in Belgium. Allfin Group has been and is involved in developing projects with a total value of EUR 550 mln and comprising a total of 120,000 m2.