Foreestelaan 86/201 9000 GENT
The family group keeps on expanding its real estate portfolio with another AAA located office building
Ghent, December 23th, 2022– With this latest acquisition of yet another iconic building, the second one this month in Brussels, the developer and real estate investor Alides confirms its ambitious expansion in office buildings on AAA locations. The property, situated at Avenue de Tervueren 273, adjacent to the impressive Palais Stoclet, fits in perfectly in the strategy of the Ghent based company thanks to its size, its location, and its quality. Today, three days after the purchase of the IT Tower at Avenue Louise, Gerling House is added to the Group’s portfolio.
The property offers 4.946 m2 of offices and 92 underground parking spaces, within a stone’s throw of Square Maréchal Montgomery (roundabout Montgomery). The seller is HDI Global SE and was represented by Ampega Asset Management GmbH. The seller has owned the building since its delivery in 1988 and will remain in the building together with 11 other tenants, together generating an occupancy rate of 92 %.
Alides believes in the qualities and location of Gerling House. “The demand for AAA quality offices, with a strong identity and easy accessibility remains high. This investment is a direct response to this demand and offers the possibility for Alides to increase its quality and sustainability, in line with its strategic mission.”, explains Rikkert Leeman, CEO of Alides.
No financial detail will be communicated. For this transaction the seller was advised by Cushman & Wakefield, Allen & Overy (Belgium) and by Ampega Asset Management GmbH, an investment company from Cologne.
About Alides
Alides, a familial real estate actor and part of the Group Maes from Ghent founded in 1892, has been an established value in the real estate sector for generations. Thanks to its hybrid profile of investor and developer and with the focus on quality, sustainability and innovation Alides realizes its expansion strategy on strong urban locations in Belgium, Luxembourg and Poland. With its long-time experience in office and residential real estate, Alides wishes to perpetuate and reinforce its position as a reference real estate company.
Thanks to a long-term vision, a customer-based approach and turn-key solutions, Alides is realizing its mission as “your partner in real estate”. Alides’ private real estate portfolio is valued over 600 million € and its development pipeline represents a future turnover of more than 800 million €. More information on www.alides.be
About Ampega
Ampega is the asset manager of the Talanx Group. Ampega Asset Management GmbH also manages the real estate assets at an operational and strategic level for the companies of the Talanx Group and optimizes their value enhancement. The companies administer and manage capital and real estate investments amounting to around €162 billion (as of September 30, 2022). Talanx is amongst the largest European insurance groups by premium income.
More information on www.ampega.de
