Hamburgische Immobilien Handlung (HIH) said on Tuesday that it is bringing its first Belgian closed-end real estate fund to the market. The HIH Global Invest 2003 - Belgium investment vehicle, with a life term of 10 years, has already made its first acquisition with the purchase of an office property in the city centre of Brussels for EUR 31.5 mln, reflecting a yield of 5.96%.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
