German fund Real I.S. has re-entered the Belgian investment market after an eight-year absence by purchasing the new Ernst & Young headquarters from UK developer Segro for about EUR 35 mln in Diegem, Brussels. 'Despite a lacklustre market, this deal proves the importance of the German funds during this stagnant trading period and should help kick start the second half of the year. With a clear lack of tradable quality, long-leases, we were successful in sourcing the right product for Real I.S.,' according to Savills which acted fro Real I.S.
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