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Brussels Skyscraper Tempts Korean Investors in $1.4 Billion Deal

  • Meritz-backed group is in exclusive talks to buy Finance Tower
  • Consortium also includes Valesco Group, AIP Asset Management
Finance Tower in Brussels
Finance Tower in BrusselsSource: Google
Updated on

A consortium backed by Korea’s Meritz Securities Co. is in exclusive negotiations to buy the Finance Tower in Brussels for more than 1.3 billion euros ($1.4 billion), people with knowledge of the talks said.

The venture is in talks to buy the building from Dutch property company Breevast BV, which is being advised by CBRE Group Inc., the people said, asking not to be identified as the talks are private. Negotiations are ongoing, they said. The consortium includes European asset manager The Valesco Group, and Seoul-based AIP Asset Management.