Acquisition of 100 % of the shares of Ceryx

JLL Capital Markets BELUX advises GLL Real Estate Partners (a Macquarie Group company) for one of its institutional fund on the acquisition of 100 % of the shares of Ceryx, owner of the Charlotte building in the Grand Duchy of Luxembourg.

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19/10/2020 |

AG Real Estate and its affiliate Mosella Consult sold 100% of the shares in Ceryx.
The building, was developed in 2013 by IKO Real Estate, and stands out for its exceptional location in the Central Business District, at the corner of Boulevard Grande-Duchesse Charlotte and Avenue Monterey.The property offers +/- 5.000 m² of prime office space, fully let to Clifford chance.

“ We are very proud to have been able to secure this outstanding off - market transaction . The opportunity was sourced and executed during this Covid environment we are all going through. The deal would not have been possible without the mutual trust and respects the stakeholders had at the initiative of the transaction. This demonstrates the confidence of investors in the Luxembourg office market but most of all that people have positive outlook on the future. “
Vincent Van Brée Head of Capital Markets JLL Luxembourg, Head of Office Capital Markets Belux
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JLL