Blackrock acquires high spec building in Brussels

Blackrock International Land PLC has announced that it has entered into a 50:50 joint venture to acquire a newly constructed high specification office building in Brussels for a total outlay, including all associated costs, of €41.7m.

The purchase of the landmark Olympiades building in the established Evere district of Brussels was undertaken with Belgian based EuroCapital Property, with whom Blackrock already has a joint venture on a warehouse and office investment in Zaventem, Brussels, acquired last year.