{"id":3417,"date":"2023-04-04T05:47:00","date_gmt":"2023-04-04T03:47:00","guid":{"rendered":"https:\/\/270-k332.vsrv02.live.k332.ext.trafo2.de\/kgal-acquires-treesquare-office-building-in-prime-brussels-location\/"},"modified":"2024-09-25T13:41:41","modified_gmt":"2024-09-25T11:41:41","slug":"kgal-acquires-treesquare-office-building-in-prime-brussels-location","status":"publish","type":"post","link":"https:\/\/www.kgal.de\/en\/kgal-acquires-treesquare-office-building-in-prime-brussels-location\/","title":{"rendered":"KGAL acquires \u201cTreesquare\u201d office building in prime Brussels location"},"content":{"rendered":"<p class=\"Introduction\" style=\"text-align:justify\"><span lang=\"EN-GB\" style=\"font-size:10.0pt\"><span style=\"line-height:150%\"><span style=\"font-family:\"Arial\",sans-serif\"><span style=\"color:black\">\u201cTreesquare\u201d offers a first-class office experience at Square de Mee\u00fbs in Brussels\u2019 European Quarter, Belgium\u2019s preeminent office location. In keeping with its high quality, the property is fully leased to twelve renowned companies, including Deutsche B\u00f6rse, Netflix, the Embassy of Monaco and law firm Norton Rose Fulbright. \u201cThe office building fits perfectly with the investment strategy of our KGAL Core 4 Real Estate fund, which bundles core, core-plus and value-add properties in prime locations in major European cities,\u201d explains Andr\u00e9 <\/span><\/span><\/span><\/span><span lang=\"EN-US\" style=\"font-size:10.0pt\"><span style=\"line-height:150%\"><span style=\"font-family:\"Arial\",sans-serif\"><span style=\"color:black\">Z\u00fccker<\/span><\/span><\/span><\/span><span lang=\"EN-GB\" style=\"font-size:10.0pt\"><span style=\"line-height:150%\"><span style=\"font-family:\"Arial\",sans-serif\"><span style=\"color:black\">, Managing Director of KGAL Investment Management.<\/span><\/span><\/span><\/span><br \/> <span lang=\"EN-GB\" style=\"font-size:10.0pt\"><span style=\"line-height:150%\"><span style=\"font-family:\"Arial\",sans-serif\"><span style=\"color:black\">\u201cTreesquare\u201d, designed by Assar Architects, also scores highly in terms of ESG: The building is equipped with solar panels, EV charging columns, a double-skin facade with integrated solar shading, smart climate ceilings and a green roof. Tenants also have access to modular conference spaces for individual use.<\/span><\/span><\/span><\/span><br \/> <span style=\"font-size:10pt\"><span style=\"line-height:150%\"><span style=\"font-family:Arial,sans-serif\"><span style=\"color:black\">KGAL was advised on the transaction by Allen &#038; Overy (Legal And Tax) and Arcadis (ESG And Technical).<\/span><\/span><\/span><\/span><\/p>\n<p class=\"AufzhlungrotBlock\" style=\"text-align:justify; text-indent:-11.35pt; margin-left:15px\"><span style=\"font-size:10pt\"><span style=\"line-height:150%\"><span style=\"font-family:Arial,sans-serif\"><span style=\"color:black\">For use of images, please quote KGAL resp. Nextensa\/Assar Architects.<\/span><\/span><\/span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>KGAL Investment Management has acquired the \u201cTreesquare\u201d office block in Brussels for its pan-European real estate fund, KGAL Core 4 Real Estate. The fully let property with approximately 6,500 square metres of leasable space is located in the centre of the European Quarter of the Belgian capital, in the immediate vicinity of the EU Parliament. The property, which was built in 2018, has a high-quality finish and achieved a BREEAM \u201cExcellent\u201d certification. The seller is Belgian real estate investor and developer Nextensa.<\/p>\n","protected":false},"author":5,"featured_media":4144,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"wds_primary_category":0,"footnotes":""},"categories":[1,42],"tags":[],"class_list":["post-3417","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","category-real-estate-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/posts\/3417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/comments?post=3417"}],"version-history":[{"count":0,"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/posts\/3417\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/media\/4144"}],"wp:attachment":[{"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/media?parent=3417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/categories?post=3417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kgal.de\/en\/wp-json\/wp\/v2\/tags?post=3417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}