A fund managed by Catella Real Estate has acquired an office building in the government quarter of Brussels for €30 mln.

A fund managed by Catella Real Estate has acquired an office building in the government quarter of Brussels for €30 mln.

The office building is located at Avenue de Cortenbergh 100 in the heart of the Leopold Quarter, the government district of the Belgian capital.

The 8,300 m2 property was acquired by Catella's Sarasin Sustainable Properties – European Cities fund from German fund manager Deka Immobilien.

The asset was built in 1988 and renovated from 2006 to 2009. Deka said it is almost fully leased to a number of tenants. There are also 110 parking spots.