KGAL Investment Management has acquired the “Treesquare” office block in Brussels for its pan-European real estate fund, KGAL Core 4 Real Estate.
The fully let property with approximately 6,500 square metres of leasable space is located in the centre of the European Quarter of the Belgian capital, in the immediate vicinity of the EU Parliament.
The property, which was built in 2018, has a high-quality finish and achieved a BREAM “Excellent” certification. The seller is Belgian real estate investor and developer Nextensa.
“Treesquare” offers a first-class office experience at Square de Meeûs in Brussels’ European Quarter, Belgium’s preeminent office location. In keeping with its high quality, the property is fully leased to twelve renowned companies, including Deutsche Börse, Netflix, the Embassy of Monaco and law firm Norton Rose Fulbright.
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