Alides strengthens position in Antwerp

Ghent/Antwerp - 27 April 2023 - Alides, the Ghent-based real estate investor and developer, has purchased the office building located at 121, Frankrijklei in Antwerp. The building, located in front of the National Bank, offers 2,159 sqm of office space, 77 sqm of archive space and 35 parking spaces. Insurer Ethias will move into it in May 2024. With this purchase, Alides reaffirms its ambitious growth strategy in AAA locations.

Renovation works planned

Alides will thoroughly renovate the building to suit its tenant Ethias from May 2023. The works include the renovation of the facades and the sustainable renewal of all techniques.

Strengthening of Alides' position in the Antwerp region

With this purchase, Alides strengthens its position in the Antwerp region. Besides the top residential project Elysia Park in Edegem, the redevelopment of the former Bpost and Proximus sites in Berchem and office building at Groenenborgerlaan 16 in Wilrijk, this is another important acquisition for the Ghent-based developer-investor in Antwerp.

"The purchase of the building on Frankrijklei is fully in line with our expansion strategy in the office segment, which aims to give a sustainable future to obsolete buildings in prime locations. This purchase is another step in strengthening our position in Antwerp and in the further expansion of our qualitative portfolio of office projects in strategic locations," said Rikkert Leeman, CEO of Alides.