Matthias Brodesser, Head of Transaction Management International at HIH Invest, said: “The surroundings of the Crown Center have developed dynamically over the past years. We are glad to have found a buyer in Eaglestone Group who is renowned for sustainable high-end property developments.”
The property occupies a downtown site embedded in a mixed-use neighbourhood of offices, restaurants, cafés, retail and leisure venues. “Restructuring the building will give the buyer a chance to reposition it while taking the environmental guidelines of the City of Brussels into account at the same time,” Brodesser explained.
“Due to environmental concerns, buildings may only be demolished in exceptional cases anymore, the modernisation of standing properties under sustainability aspects being encouraged instead,” added Lea Messerschmidt, Asset Manager International at HIH Real Estate.
The “Crown Center” is located inside the administrative and historic core of the Belgian capital and main institutional seat of the European Union. The central railway station (Gare Central) is only a six-minute walk (500 metres) away. The site is also very easy to reach by public and private transportation. A number of government buildings are located in the vicinity, as is the Parc de Bruxelles.
HIH Invest was advised by JLL and Deloitte.
“The surroundings of the Crown Center have developed dynamically over the past years. We are glad to have found a buyer in Eaglestone Group who is renowned for sustainable high-end property developments. Restructuring the building will give the buyer a chance to reposition it while taking the environmental guidelines of the City of Brussels into account at the same time.”
Matthias Brodesser, Head of Transaction Management International
HIH Invest
“Due to environmental concerns, buildings may only be demolished in exceptional cases anymore, the modernisation of standing properties under sustainability aspects being encouraged instead.”
Lea Messerschmidt, Asset Manager International
HIH Invest