Immogra buys Antwerp office asset

Belgian developer Immogra has acquired the Tolhuis building located at Sint-Pietersvliet 7 in Antwerp, Belgium from Fidea.

Financial details were not disclosed.

Tolhuis is an iconic 10-storey building offering 17,500 m2 and 182 underground parking spaces. The building currently offers office accommodation but has great development potential for residential reallocation.

Immogra plans to redevelop the asset and is expected to appoint an architectural company in September.

KBC Real Estate and Jones Lang LaSalle advised the vendor on the deal.