Home Invest Belgium S.A. (ENXTBR:HOMI) acquired Building A, Development Project in Brussels from BPI Real Estate Belgium S.A. and Immobel SA (ENXTBR:IMMO) on June 24, 2021. The total investment for the project will be close to €30 million and the estimated gross initial yield will be around 4.5% once the building is fully occupied. Delivery of the project is scheduled for 2025. The acquisition is subject to the usual condition of obtaining a permit. CBRE advised Immobel and BPI Real Estate in this transaction.

Home Invest Belgium S.A. (ENXTBR:HOMI) completed the acquisition of Building A, Development Project in Brussels from BPI Real Estate Belgium S.A. and Immobel SA (ENXTBR:IMMO) on June 24, 2021.