Press Release

Deka Immobilien leases large space in Belgium

Frankfurt – 14.04.2021
                                                                                                                                    
Deka Immobilien has extended a lease agreement for nearly 45,000 square metres of office space in Belgium. By concluding this contract, Régie des Bâtiments (the state buildings agency for Belgium) has made a long-term commitment to the "Eurostation" complex at Brussels' main railway station, Gare du Midi. The sole office tenant in the property wants to adapt the design of the space to modern-day working conditions and accommodate several state authorities and ministries at this location. The contract has been approved by the Belgian Council of Ministers and is one of the biggest in this Brusselian sub-market.

Deka Immobilien acquired the property in 2004 as a new build for the open-ended real estate fund WestInvest InterSelect. The office building has received British BREEAM "Very good" certification for sustainable construction.

Jones Lang LaSalle was a consultant on this transaction.

About Deka

DekaBank is the securities services provider of the German Savings Banks Finance Group (Sparkassen-Finanzgruppe). Together with its subsidiaries it forms Deka Group. With total customer assets of more than EUR 395 billion (as at 31/12/2021) and more than 5.2 million securities accounts, DekaBank is one of the largest securities services providers and real estate asset managers in Germany. DekaBank is a wholly owned subsidiary of the German Sparkasse savings banks and forms an integral part of the Sparkassen-Finanzgruppe.
The Deka Group’s global real estate expertise is pooled in its Real Estate Division. The management companies, Deka Immobilien Investment GmbH and WestInvest Gesellschaft für Investmentfonds mbH provide management and support for around EUR 47 billion in real estate assets (as at 31/12/2021).

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