Sale Shopping/Parking Lombardia Antwerp

26 May, 2011, Belgium

This was Grosvenor's last remaining property in Belgium.

NV Lombardia Lease owns a retail unit of 1.108 m² let to Kipling and United brands, and 139 underground parking spaces let to Interparking located in the center of Antwerp alongside the Lombardenvest, Groenplaats and Geefsstraat . The deal was concluded at a price of approx. 7.500.000 EUR.

Cushman & Wakefield and Clifford Chance acted on behalf of Grosvenor. Eubelius acted on behalf of Antigoon Invest.

About: Antigoon Invest group

Antigoon Invest is a Belgian real estate investment company with its main goal as investing in existing real estate spv's containing Belgian properties (both commercially and residentially let) in good mostly inner-city locations.

The current portfolio consists of 14 real estate companies with properties in the Belgian cities of Antwerp and Mechelen. Just over 66% of total rental income is originated by commercially let properties (ground floor shopping spaces), 24% by residential tenants (mostly apartments), 8% by parking spaces and 2% by offices.
With this investment the current portfolio of Antigoon Invest is rising above 30 M EUR.

About Grosvenor :
http://www.grosvenor.com/Home

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