Announced

Ageas Insurance to acquire Classique building and Cais building for $35m.

Synopsis

Ageas Insurance, a Belgian multinational insurance company, agreed to acquire Classique building and Cais building for $35m. The Classique building has an area of ​​2.25k sqm and 42 parking spaces. It's fully occupied. The Cais building, on the other hand, has 4.9k sqm and 118 parking spaces, and is also fully leased. "The buildings are endowed with sought-after characteristics such as a high-quality work environment and a privileged location, which are reflected in the various leasing transactions», comments Gilles Emond, responsible for real estate at the Ageas Portugal Group, who highlights in a statement the group's ambition to be «a reference as responsible investors in Portugal," Ageas.

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