10 April 2017
Brussels
Reporter: Theo Andrew
NAMI - AEW Europe acquires Brussels Louise Centre
NAMI - AEW Europe has acquired the Louise Center office building in Brussels for €54 million, on behalf of its OPCI Franceurope Immo Fund.

The 16,146-square metre office building, acquired from AXA IM, has over 30 tenants including The United Nations, and is currently 90 percent occupied.

Fully renovated in 2014, the office building offers flexible working spaces, and holds a Building Research Establishment Environmental Assessment (BREEAM) rating of excellent.

Arsène Marques, deputy managing director at NAMI – AEW Europe, said: “This new acquisition perfectly illustrates the evolution of our investment strategy, which now includes an asserted European dimension. The Louise Center reflects our determination to position ourselves on prime locations with a good depth in the rental and investment markets."

Clifford Chance advised NAMI - AEW Europe, while Cushman & Wakefield advised AXA IM.

More news
The latest news from Real Estate Investment Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
Dolphin Living makes splash with Retail Charity Bond
23 June 2017 | London | Reporter: Theo Andrew
The money raised will be invested in Dolphin Living’s London portfolio, which includes 196 homes currently under development
New York apartment block bagged for $57 million
23 June 2017 | New York | Reporter: Theo Andrew
The 53,000-square foot 12-storey property consists of 54 one-, two- and three-bedroom newly-refurbished units
AEW Germany fund hits €118 million on first close
22 June 2017 | Berlin | Reporter: Theo Andrew
Focusing on Germany’s seven main cities, the fund will also strategically target other established office locations around the country
Wanda HK acquires Nine Elms Square for £470 million
21 June 2017 | London | Reporter: Theo Andrew
Vinci St. Modwen, the 50/50 joint venture between St. Mowden Properties and Vinci expects to complete the sale of the 10-acre site later this summer
Majority stake in Barcelona Hilton bagged by AXA IM - Real Assets
21 June 2017 | Barcelona | Reporter: Theo Andrew
Purchased from Iberdrola Inmobiliaria on behalf of AXA Insurance Companies, the 4-star hotel is currently operated by Hilton Hotels on a long-term lease
UK self-storage market expands for third year running
21 June 2017 | London | Reporter: Theo Andrew
The UK now accounts for 47 percent of Europe’s self-storage space, according to the UK Annual Industry Report
Hermes dispatches East London portfolio to Great Portland Estates
20 June 2017 | London | Reporter: Theo Andrew
Spanning 1.1 acres, the properties are located between Aldgate and the new Whitechapel Crossrail Station