PropertyEU

Blackrock Land jv invests EUR 42m in Brussels office

By A staff reporter 2007-05-11T00:00:00

Dublin-based Blackrock International Land has entered into a 50-50 joint venture with Belgium's EuroCapital Property to acquire a new office building in Brussels for a total outlay of almost EUR 42 mln. The projected initial yield is expected to exceed 6.2%.

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