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Transactions - NOVEMBER 30, 2018

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Commerz Real sells Eurostat HQ in Luxembourg for €168m

by Andrea Zander

Commerz Real has sold the European statistical office’s headquarters in Luxembourg for €168 million ($191 million).

The buyer was not disclosed.

The sale was on behalf of its closed-end real estate fund CFB 150.

The Joseph-Bech-Building is located on Rue Alphonse Weicker in the Kirchberg Plateau district and is occupied by Eurostat. The 42,500-square-meter (457,466 square-foot) office asset has been owned by the CFB 150 fund since 2004.

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