The AG Real Estate group (on behalf of its parent company AG Insurance) and Macan Laine Holding SRL (represented by Macan Development SA and Queen's Lane Properties SA), each owners of 50% of the shares, have sold all the shares of Immobilière de la Laine, the owner of the Tweed project, to a Luxembourg fund in joint venture with a French public financial institution.

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Co-developed by the seller groups, this office building of 16,500 m² spread over 12 floors enjoys an excellent location, a stone's throw from the Place Poelart and the very prestigious Avenue Louise. The quality of the fittings, the high level of finishing, the interior and exterior terraces facing the Brussels Law Courts give this building an unrivalled standing today. On the first floor, a spacious and luxurious lobby welcomes visitors in a convivial setting that invites exchanges and sharing. A lounge area and a small restaurant operated by Green Kitchen reinforce this quality environment.

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The building is expected to achieve a BREEAM Excellent. This is the label required by most occupants.

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The marketing of the building has confirmed the attractiveness of the building in terms of location and quality of space. To date, nearly 92% of the available space has already been taken up by prestigious clients such as DLA Piper, Spaces, Stepstone & Immoweb or the Brussels Regional Investment Company, all with a WALB (Weighted Average Lease Break) of 10 years and in barely 1 month, since the provisional acceptance of the project only took place in September 2021.

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Tatiana Posa, Senior Transaction Manager at AG Real Estate, confirms: "The newly developed buildings of this quality are a major asset for investors. Thanks to the quality aspect of the project, an interesting off-market offer was received. The teams in place have been able to put the necessary energy into finalizing this transaction, despite the unfavorable conditions linked to Covid and the future of the office market, which many people deplore.

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Macan Development and Queen's Lane Properties, shareholders of Macan Laine Holding add: " Macan Laine Holding is happy to have been able to share its passion with all the craftsmen and collaborators in the service of the builders' spirit to allow the realization of this beautiful building which we hope the occupants will have the joy of living in.

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The partners in this development are delighted with this transaction, for which they were advised by the law firm Linklaters.