CORESTATE has again demonstrated its consulting expertise in the Benelux countries. The CORESTATE subsidiary Hannover Leasing advised the major British bank HSBC on the purchase of the passive office building “Seven” in Brussels’ prime location on Boulevard Roi Albert II, thereby gaining another prestigious international institutional client. In October, Hannover Leasing had already advised an international institutional client on the purchase of the well-known Marnix office complex in Brussels and opened a new branch in Amsterdam in response to rising client demand for local asset management in the Benelux region.
Frankfurt, December 16, 2019. CORESTATE Capital Holding S.A. (CORESTATE), a leading independent real estate investment manager in Europe, has again demonstrated its consulting expertise in the Benelux countries. The CORESTATE subsidiary Hannover Leasing advised the major British bank HSBC on the purchase of the passive office building “Seven” in Brussels’ prime location on Boulevard Roi Albert II, thereby gaining another prestigious international institutional client. In October, Hannover Leasing had already advised an international institutional client on the purchase of the well-known Marnix office complex in Brussels and opened a new branch in Amsterdam in response to rising client demand for local asset management in the Benelux region.
Lars Schnidrig, CEO of CORESTATE Capital Group: “This deal highlights our expertise in the Benelux countries, a market in which we intend to continue to grow strongly in the future. I am also looking forward to working with HSBC as a major new client and to more joint projects. The office building Seven is one of the first nearly zero-energy office buildings in Brussels. Ecologically designed buildings of this type are increasingly in the investment focus of our institutional clients. I am therefore convinced that our high level of expertise in ESG-compliant real estate investments will convince more and more clients that we are their preferred partner.”
The building in the Brussels North District was newly developed according to the most modern ecological criteria. The unique building features include green outdoor terraces, wooden window frames, triple glazing and SAPP Smart Ceilings. Other sustainable measures include solar modules, electric car and bicycle charging stations as well as passive and zero-energy compliance. In 2018, the property won the “Best Co-Working Award” by Realty because it is strictly oriented towards a healthy working environment and NWoW (New Way of Working) requirements. With an average term of 8.4 years, Seven is fully let to two well-known companies. It has around 15,500 square meters of pure office space, including state-of-the-art co-working areas and 128 parking spaces.
About CORESTATE Capital
CORESTATE is an investment manager and co-investor with around € 28 billion in assets under management. The company sees itself as a manager for the entire length of the real estate value chain. Thanks to its fully integrated real estate platform, it is able to offer investors a wide range of services, especially the opportunity to invest in large-scale societal trends such as urbanisation, demographic shifts or sustainability – trends that will continue to have a decisive influence on the living and working environment in the long term. The consistent focus on asset classes that will be successful in the long run constitutes a central cornerstone of the company strategy. At CORESTATE, all concepts are supported with ESG expertise that is unique to the industry. With some 800 experts, CORESTATE offers clients and investors a full range of services and consultation from a single source, from project financing and real estate management to sales. CORESTATE is listed on the Frankfurt Stock Exchange (SDAX) and operates as a respected business partner for institutional and semi-institutional investors as well as high-net-worth private investors in 13 countries across Europe, with offices in Frankfurt, Vienna, Zurich, Paris, Madrid and London.
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