Belgium's Cofinimmo has sold two office buildings in Antwerp, Belgium, via its Cofinimmo Offices unit, for €27 mln.

Office deal

Office Deal

The properties are situated at Noorderplaats, 5-7-9 in Antwerp, and date from 2010. They comprise a total of 13,000 m2 of office space and were 97% occupied as of 30 June.

According to Cofinimmo, the deal volume is in line with the latest fair value as determined by Cofinimmo Offices’ independent real estate valuer.

Said Jean-Pierre Hanin, CEO of Cofinimmo: 'With this operation, we pursue our divestment programme, announced in our half-yearly press release.

'Despite the current challenging market environment, we also demonstrate our teams’ ability to perform asset arbitrages. Further divestments are expected in the 3rd quarter, which will contribute to our outlook for 2024.'

Completion of the deal is expected before the end of 2024.