Tristan Capital Partners’ EPISO 5 Fund has strengthened its position in the Belgium office market with the acquisition of an office portfolio in Brussels consisting of five office buildings. The portfolio has been bought from Deka Immobiliën Investment GmBH.
The assets deliver 20,000 square meters (215,278 square feet) of workspace located in the city’s most prominent prime-office area along the Pentagon at the crossroads of the European District and the City Centre. The portfolio is currently leased to a diverse tenant base, including lawyers, embassies and other institutions.
Through Tristan’s ‘Manage to ESG’ strategy, the assets will be renovated to drive the environmental profile of the portfolio, upgrading the space to class A with a target to reach BREEAM Excellent and Very Good ratings.
The investment has been made in partnership with Whitewood, which will act as the operating partner and asset manager.
“This portfolio offers a well-lo