FBLI SOLD LOTHIAN DEVELOPMENTS III
Tuesday, December 18, 2018
On December 18th 2018, Fidentia BeLux Investments (FBLI) sold Lothian Development III, owner of Plaine 11, a 9,149 m² office building in Brussels. The Buyer is FFF Fund I, a private Luxembourg fund.
Located in the vibrant university district of Brussels across the VUB University Campus, the asset is at 3 minutes-walk from one of city’s main railway hub. Originally developed in the early 2000s, the asset underwent a full sustainable refurbishment program including energy efficient installations, floor plates refurbishments and introduction of new services to occupiers that will lead to a BREEAM In Use Very Good certification.
Fidentia Real Estate Investment will remain the asset manager of this investment for FFF Fund I. This will be a key role to achieve best sustainable development outcomes for occupiers.
Fidentia BeLux Investments is a company investing through subsidiaries in added value sustainable office real estate in Belgium and Luxembourg. It is managed by Fidentia Real Estate Investments.