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Cushman & Wakefield advises Extensa Group NV and PMV NV on the sale of 100% of the shares of VAC De Meander NV

Meander
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Cushman & Wakefield exclusively advised Extensa Group NV and PMV NV on the sale of 100% of the shares of VAC De Meander NV, holding as main asset the “Meander”, a brand new office building soon to be part of the Tour & Taxis site.

The 50,000 sq m prime office building, completely pre-let to the Flemish Community for 18 years and to be delivered in Q3 2017, was sold to Swiss insurer Baloise Group for approx. € 215 million.

The building, with its meander shape, naturally integrates into the nearby environment and is already recognisable in the Brussels skyline.

Marc-Antoine Buysschaert, Head of Capital Markets at Cushman & Wakefield Belgium said, “This transaction represents yet another milestone for the Tour & Taxis site which is quickly becoming a modern and vibrant area with multiple new mixed projects on the way – the new place to be in the CBD North District”.