ING Real Estate has acquired two office buildings in Brussels for EUR 22 mln on behalf of the group's European Office Fund. ING bought Louise 375 building, a 4,434 m[sup]2[/sup] office located in one of the most prestigious streets of Brussels and part of the central business district. The premise was refurbished in 2006 and has eight tenants including Passage Fitness and Thomson Hine.
ING Real Estate has acquired two office buildings in Brussels for EUR 22 mln on behalf of the group's European Office Fund. ING bought Louise 375 building, a 4,434 m2 office located in one of the most prestigious streets of Brussels and part of the central business district. The premise was refurbished in 2006 and has eight tenants including Passage Fitness and Thomson Hine.
The company also purchased Rue de L'Industrie, a 3,167 m2 building located in the Leopold district of Brussels. The building was completely renovated in 2001 and is let to Distri-Gas. 'The Brussels office market is very stable because of the high proportion of institutional tenants. These two acquisitions represent the fund's entry into the Brussels office market,' said Leo Weidenaar, fund manager at ING Real Estate European Office Fund.
