Alides expands its footprint in the European district


The real estate investor and developer Alides, has just completed the acquisition, in collaboration with Cofinimmo, of the long lease rights to a prime office building located on Rue de la Loi 57, in the heart of the European district. The building, situated adjacent to Alides' existing Copernicus building on the rue de la Loi, adds to the company's growing portfolio of prime properties. It consists of 10,300 m2 of office space, 400 m2 of archives and 97 parking spaces. The offices are fully let to Cleary Gottlieb Steen & Hamilton LLLP.

Rikkert Leeman, CEO of Alides comments: "This acquisition aligns perfectly with our long-term growth strategy, allowing us to expand our footprint in the European district. We are committed to investing in and developing innovative and sustainable properties that contribute to the vibrant character of this prestigious district".

In the European district Alides has already other properties such as the neighbouring ‘Copernicus’ building which is let to the European Commission and the development projects such as the Montoyer 34 and Commerce 44.

The transaction has been advised by JLL Belgium.