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Cushman & Wakefield advised on the sale of Avenue Louise 279-287

Louise Centre, Avenue Louise
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Cushman & Wakefield advised AXA Investment Managers - Real Assets on behalf of AXA Belgium on the sale of 100% of the shares of the company Cornaline House SA holding as main asset the building “Louise Centre” to OPCI FRANCEUROPE IMMO managed by NAMI-AEW Europe.

Louise Centre is a landmark building located on the prestigious Avenue Louise (Avenue Louise 279-287). The property offers 16,146 sq.m. (including 1,028 sq.m. of retail units) of modern and flexibe space designed to offer optimum functionality.

It was totally refurbished to the highest standards in 2014 and is BREEAM excellent. The property is 90% let to over 30 prestigious tenants including Tribes, United Nations, Altavia,…

“Louise Centre is one of those rare assets which brings together all of the qualities investors are looking for, namely: an ideal location right in the heart of the Louise District, a modern building and a letting situation with a diverse risk profile” explains Michael Despiegelaere from the Capital Markets team of Cushman and Wakefield.

Cushman & Wakefield acted for AXA Investment Managers - Real Assets as co-exclusive agents with Baker & McKenzie advising on legal elements.