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Aberdeen sells property in Brussels
Office complex sold on behalf of Degi International fund
Frankfurt am Main, (lifePR) -
Aberdeen Asset Management Deutschland AG announces the sale of the "Platinum" office complex in Brussels, Avenue Louise, to German investment company GLL Real Estate Partners GmbH.
The office complex, which underwent extensive refurbishment in 2011, offers a rental area totalling more than 23,000 square metres, and is situated on Avenue Louse; a prime business location in the centre of Brussels. It is fully let - anchor tenants include the Belgian state), international law firm Bird & Bird, Invesco and Robert Half.
The total proceeds from the sale exceeded the most recent appraisal of the market value by independent valuation experts. Following the sale, there are now seven properties left in the portfolio held by Degi International. Since the process of winding down the fund commenced in October 2011, 25 properties have been sold in total.
The office complex, which underwent extensive refurbishment in 2011, offers a rental area totalling more than 23,000 square metres, and is situated on Avenue Louse; a prime business location in the centre of Brussels. It is fully let - anchor tenants include the Belgian state), international law firm Bird & Bird, Invesco and Robert Half.
The total proceeds from the sale exceeded the most recent appraisal of the market value by independent valuation experts. Following the sale, there are now seven properties left in the portfolio held by Degi International. Since the process of winding down the fund commenced in October 2011, 25 properties have been sold in total.
Aberdeen Asset Management Deutschland AG
Aberdeen is the parent company of a global independent asset management group. Formed out of a management buy-out in Aberdeen, Scotland, in 1983, Aberdeen is a FTSE 100 company operating on-the-ground in over 23 countries across Europe, Asia and the Americas.
The Group is defined by its pure focus on asset management, including equities, fixed income, property and multi-asset portfolios. All investment solutions are driven by its commitment to straightforward, transparent investment approaches that stress intensive, first-hand research and a long-term view. Further information about Aberdeen can be found at www.aberdeen-asset.de
Issued by Aberdeen Asset Managers Limited which is authorised and regulated by the Financial Conduct Authority in the UK.
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