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Acquisition of EFTA headquarters in the European District reinforces Alides’ position in Brussels

25/11/2020

Alides Offices

Ghent/Brussels – November 25th, 2020 – Alides, a full-service owner, developer, manager and operator of a diversified real estate portfolio, has acquired all the shares of Joseph II 12 SA that owns the office building located at the rue Joseph II 12-16 in the European District. The building offers 2.567 m² offices and 35 parking places and is currently let to EFTA, the European Free Trade Association. This latest acquisition in the European District is in line with Alides’ strategy to reinforce its position in Brussels.

Outstanding location, excellent perspectives for a swift transformation into an attractive state-of-the-art office building

The building with its outstanding location in the Brussels’ European District is easily accessible both by car and by public transport. Thanks to its solid structure the building offers excellent perspectives for a transformation into an attractive, state-of-the art office building with a BREEAM excellent rating (sustainability assessment method). Its strong identity will make the building perfectly suited for any occupier looking for qualitative space in the European District.

Alides reinforces its presence in Brussels

With the future completion of the Copernicus project located on the rue de la Loi and recent projects on the corner of de rue de Spa (Oxygen) and on Square de Meeûs, this next acquisition in Brussels marks the reinforcement of Alides’ position in the European district.

“The acquisition of the building in the rue Joseph II is perfectly in line with our strategy and our hybrid profile as investor-developer. This strategic acquisition is a next step in the further expansion of our qualitative portfolio of offices and redevelopment projects on strong locations. The office building ticks all the boxes and has a strong potential for a swift redevelopment and commercialisation”, according to Rikkert Leeman, CEO of Alides.

PATRIZIA AG sold the company owning the property to Alides today and was advised by Jones Lang LaSalle and Clifford Chance. Alides was advised by law firm Stibbe Brussels. 

 

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