Working with Equity Estate is a real pleasure. This company has a good sense of management and keeps its promises and deadlines.

Thierry Devresse, General Manager, KYOCERA Document Solutions Belgium

Equity Estate divests two office buildings in Belgium

2-3, 2016

Equity Estate divests two office buildings in Belgium; Brussels, Rue Royale and Waterloo, Dreve Richelle. Both buildings are let to different tenants such as Optima and ID Weaver, totalling over 6,250 m² LFA. Both buildings were part of the Europroperty Fund Group. Purchaser is Codabel, a local investment and asset management company. The deal was structured as a share deal. Just prior to the transaction the lease with Optima was prolonged and a new lease with Auriga Isdin was completed. Early 2015 a new lease was closed with ID Weaver. Cushman Wakefield and Baker McKenzie acted on behalf of Equity Estate.

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