Savills News

Savills advises Immogra on €20m Brussels disposal

International real estate advisor, Savills, has advised Immogra on the disposal of 3M Belgium’s headquarters located at Hermeslaan, Diegem, Brussels, for €20M. The property has been sold to Perial Asset Management.

The 4,200 sq m office is let to 3M Belgium on a 10-year lease and boasts around 200 underground parking spaces. The building was custom built for the technology company who moved into the premises in 2020. The space forms part of a bigger 7ha business park development called Park 7, of which a second building of 16,000 sq m is also currently under development.

Henry Colle, Associate Director, Savills Belgium, commented: “Immogra’s disposal of this key asset on the outskirts of Brussels represents a significant office transaction in the market this year and demonstrates the continued appetite from core investors for real estate assets in Belgium.”

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