IVG Real Estate Belgium has transferred the leasehold rights to Tervuren Plaza in Brussels to German property investment company AIK. The investment volume comes to EUR 21 mln.

IVG Real Estate Belgium has transferred the leasehold rights to Tervuren Plaza in Brussels to German property investment company AIK. The investment volume comes to EUR 21 mln.

AIK operates on behalf of occupational pension funds and insurance companies. Tervuren Plaza comprises 10,000 m2 and is fully let.

IVG Real Estate Belgium was represented by Anixton, an independent consulting company offering corporate real estate solutions and by Clifford Chance LLP for the legal aspects of the transaction.