German investor IVG has acquired Estuary Properties, the owner of a prime multi-let asset in the heart of the Brussels central business district. The property, located just minutes walk from the European Parliament, is multi-let to a variety of tenants.
German investor IVG has acquired Estuary Properties, the owner of a prime multi-let asset in the heart of the Brussels central business district. The property, located just minutes walk from the European Parliament, is multi-let to a variety of tenants.
The financial details of the transaction were not disclosed. But Savills, which acted for IVG, said the transaction was one of the few in the Brussels real estate investment market since it practically came to a halt 12 months ago.
Knight Frank advised the vendors with an exclusive sale instruction.
