Catella Property Benelux has said it acted on behalf of the Permanent Delegation of Turkey to the EU in the acquisition of an office building in Brussels. The building comprises approximately 3, 830 m[sup]2[/sup] of office space and is strategically situated along the Avenue des Arts in the European quarter of Brussels. This was the third recent deal in which Catella advised in relation to a diplomatic mission taking space in the Belgian capital.
Catella Property Benelux has said it acted on behalf of the Permanent Delegation of Turkey to the EU in the acquisition of an office building in Brussels. The building comprises approximately 3, 830 m2 of office space and is strategically situated along the Avenue des Arts in the European quarter of Brussels. This was the third recent deal in which Catella advised in relation to a diplomatic mission taking space in the Belgian capital.
Pietro Pietromarchi who was the deal team leader at Catella Property Benelux commented: 'It is interesting that as traditional investment deals have declined in Belgium as elsewhere in Europe, our niche in working with diplomatic missions creates sizeable deals. We have a strong order log with other diplomatic missions and should close a further deal this month.'
In May, Catella Property Benelux acted on behalf of Allfin, the Brussels real estate developer, to secure the Permanent Representation of Ireland for Allfin's building on Rue Froissart in Brussels. The building comprises 3,765 m2 of office space.
