The Belgian government plans to raise between EUR 200 mln and EUR 250 mln through the sale of office buildings in a sale-and-lease back agreement, Belgian newspaper De Tijd reported. The government will retain a 10% stake in the sold buildings. The transactions are expected to close before the elections in June 24, 2007.
Big pension funds, insurers and major asset managers intensified their investment activity in the week before Expo, with well over €2 bn of real estate changing hands.
