Brussels, embargo until 03.10.2022, 6:30 p.m. CET
Cofinimmo Offices divests a decentralised office building and optimises a future redevelopment project in Brussels’ CBD
- Divestment of the Omega Court building, in the decentralised area of Brussels, for 28 million EUR.
- Acquisition of the Loi/Wet 89 building (Brussels’ CBD), adjacent to the Loi/Wet 85 already in the portfolio, for 7 million EUR.
On 30.09.2022, Cofinimmo Offices SA/NV, a wholly-owned subsidiary of Cofinimmo (Euronext Brussels: COFB), completed the divestment of the Omega Court office building, in the decentralised area of Brussels. The sale price amounts to approximately 28 million EUR. This transaction was followed, on 03.10.2022, by the acquisition of the office building located rue de la Loi/Wetstraat 89, adjacent to the Loi/Wet 85 already in the portfolio, in Brussels’ CBD, for approximately 7 million EUR.
Jean-PierreHanin, CEO of Cofinimmo: “With this transaction, Cofinimmo continues to divest decentralised office buildings and realises a capital gain compared to the latest fair value. Furthermore, the acquisition of the Loi/Wet 89 enables us to optimise the future redevelopment project of two buildings, ideally located at the heart of Brussels’ CBD and the European district, and which will…