Anixton, an independent consulting company offering corporate real estate solutions, has advised Captiva Capital Management, on the sale of the “Gutenberg” building (Brussels – Office and printing facilities – 29,000 sqm) to the Belgian insurance company INTEGRALE and to OGEO Fund.

The “Gutenberg” building is the main part of a larger semi industrial real estate complex dating from the mid 50’s. The complex was vacated by its former owner and occupier Diamond Board in 2005, and fully renovated in 2005-2006 into an ultra-modern printing facility.

Offering a total area of 29,000 sqm and a parking lot of 150 units, the property is located close to the Brussels City Centre between the South Station and the Brussels ring road, makes it easily accessible by both car and public transport.
The building is fully let on a long term basis (12 years remaining secured cash flow) to the Belgian Federal Buildings Agency (Régie des Bâtiments / Regie der Gebouwen) on behalf of the Printing Office of the Ministry of Finance, who uses the building for the printing and storage of governmental documents, as well as the administration relative to these activities.

“Gutenberg sprl”, the company holding as main asset the property was acquired by a joint venture between the Belgian insurance company INTEGRALE (www.integrale.be) and OGEO Fund (www.ogeofund.be).

Bron: Anixton