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Transactions - DECEMBER 2, 2021

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BNP Paribas REIM fund and partner buy office building in Brussels

by Released

BNP Paribas REIM Belgium, on behalf of Next Estate Income Fund III (NEIF III), and CDC Investissement Immobilier, on behalf of Caisse des Dépôts, have acquired in joint venture from AG Real Estate & Macan Laine Holding all the shares of the limited company Immobilière de la Laine, holding the Tweed, a new 16,000-square-meter (172,223-square-foot) office building located in Brussels.

Tweed is strategically located in the Pentagon District next to the Palace of Justice and the Boulevard of Waterloo, in the center of Brussels, near many institutions, luxury retail stores, renowned restaurants and prestigious hotels. In the heart of the legal district, the building benefits from an excellent transport accessibility due to its proximity with metro and tramway lines stations.

It was delivered in third quarter 2021. Tweed is currently more than 90 percent occupied by four tenants: DLA Piper, Spaces, Stepstone & Immoweb, and Société d’Investissement Régionale d

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