Trinova makes second Belgian acquisition

 In Insights

Trinova Real Estate has completed the acquisition of two office buildings situated at 26 rue des Deux Eglises and 21 rue Marie Therese, in the European District of Brussels. This follows the recent acquisition of Avenue des Communautes 100 in Brussels, which is the headquarters of construction firm Besix. The two newly acquired buildings are located a short walk from the European Commission and European Parliament, and are at acquisition 75% leased to nine tenants.

 

Edmund Costello, Partner at Trinova said “This second Brussels acquisition provides us with the opportunity to reposition two buildings with strong fundamentals, offering ideal workspaces for the micro location. We will be investing substantial capital to further improve the buildings, and create an exciting working environment”.

 

Trinova were advised by CBRE, KPMG and Baker McKenzie