Gingko Tree Joins with Hannover Leasing in Acquisition

[  Brussels, BELGIUM  ]

Gingko Tree Investment and Hannover Leasing (Germany), have joined together in the USD $319 million acquisition of a 753,000 SF office complex in Brussels, called Covent Gardens.  The 26-floor office building tower and its 10-floor sub-tower is partially leased to the European Commission.

The sale of the asset, located at Place Charles Rogier in Brussels, represents the second largest single transaction in the Belgian market in 2014.

Gingko Tree acts as the investment arm of China’s State Administration of Foreign Exchange (SAFE).