City Center was built 22 years ago and experienced renovations between 2020 and 2022. During the works, the original art-deco facade was restored to its original state, while the entry hall received a complete makeover. The City Center has now a BREEAM In Use Excellent certification, helped by the many solar panels installed on the roof, which reinforces the quality of this strategically located building.
Indeed, City Center lays on the corner of Rue Neuve, Rue des Cendres and Boulevard du Jardin Botanique in Brussels. This location makes it highly accessible by all types of transport, including metro (Rogier) and train (Brussels North station). The direct connection to the shopping complex City2 and the nearby commercial street, improves the experience of the tenants, which is shown by long lasting leases.
This transaction between AG Insurance (represented by AG Real Estate) and MEAG Munich Re Group’s Assets Manager (on behalf of a specialised fund designed for institutional investors), was carried out by the investment team of BNP Paribas Real Estate Belgium.