Sofidy, the leading independent manager on the real estate savings market and a subsidiary of Tikehau Capital, is strengthening its presence in Belgium with the acquisition of two adjoining office buildings (13,865 m²) in the heart of the Brussels business district.
Restructured in 2010, the DUO and TERTIO assets are part of the TRIO complex, located at the corner of chaussée de Charleroi and rue Tasson Snel, in the heart of the Louise business district. These two assets benefit from a strategic location, characterized by a balanced environment offering local shops, high-end shops, as well as prestigious offices and housing while being in the immediate vicinity of the Brussels public transport and road networks. The district attracts many companies such as LVMH, Banque Privée Edmond de Rothschild, Bain & Company, Clifford Chance, or Baker & McKenzie.
The two buildings, which extend over seven levels, have BREEAM Very Good certification. The complex is home to several quality tenants: Brussels-Capital Region, Alten, Adneom, Milieu, Rail Europe, Widnell Europe, Tag Belgium, Conservation International, etc.
“This major operation highlights the synergies between Sofidy and its parent company Tikehau Capital in the sourcing and execution of deals on a European scale. This complex offers both a particularly pleasant living environment for its occupants, a central criterion in the choice of location for companies, but also very competitive rents. The significant lag in value of the tertiary sector compared to the residential sector in this sector has, beyond the qualities of the building and its occupants, reinforced the idea that for our savers it is an investment of quality,” says Olivier LOUSSOUARN, investment director at SOFIDY
This operation was carried out on behalf of the savers of SCPI IMMORENTE and EFIMMO 1. Sofidy was assisted by the law firm Allen and Overy (Rudy Dupont), by BPM for the technical part, by Esset (ex Codabel) and by Cushman & Wakefield.
1. Net property yield after reletting of vacant areas. The AEM yield (Deed in hand) of the assets acquired by the SCPI is not a reliable indicator of the future performance of the SCPI. This rate of return expressed as a percentage expresses the ratio between the net rents received and its acquisition value over a reference period. It can change depending on the rental situation of the property over time. It should not be confused with payout rate.
Photos of the asset
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ABOUT SOFIDY
Since 1987, Since 1987, Sofidy has been designing and developing investment and savings products (SCPI, OPCI, SC, SIIC, Real Estate UCITS, Dedicated Funds) mainly oriented towards commercial and office real estate. With €7.6 billion in assets under management (total revalued gross assets of managed funds) as of 12/31/2021, Sofidy manages on behalf of more than 50,000 savers, and a large number of institutional investors, a real estate portfolio made up of nearly 4,400 rental assets.
Sofidy is a subsidiary of Tikehau Capital.
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