Quares Residential Investment acquires residential building Imperial at Tour & Taxis from Nextensa
02 Januar 2024 - 7:30AM
Quares Residential Investment acquires residential building
Imperial at Tour & Taxis from Nextensa
PRESS
RELEASEBrussels, 2 January 2024,
7:30 AMNon-regulated information
QUARES RESIDENTIAL INVESTMENT ACQUIRES RESIDENTIAL
BUILDING IMPERIAL AT TOUR & TAXIS FROM NEXTENSA
Quares Residential Investment and Nextensa
announce the successful acquisition of the residential building
Imperial on the Tour & Taxis site in Brussels. The notarial
deed for the sale of the entire building was passed on 29 December
2023 and its completion is scheduled for the last quarter of
2024.
The acquisition marks another milestone in the
growth and development of Quares Residential Investment’s real
estate portfolio and fits within Nextensa’s commercial sales
activities.
Located in a new neighbourhood on the historical
Tour & Taxis site, Imperial houses thirteen energy-efficient
one- to four-bedroom apartments and is characterised by a
thoughtful design by Sergison Bates architects and a sustainable
character. The building is part of the second phase of the Park
Lane project which consists of 346 appartements spread across 11
compact buildings. In total, more than 60% of the apartments have
already been reserved or sold.
“We are excited about this collaboration with
Quares to whom we are selling an entire residential building for
the first time. This sale confirms that the Park Lane project and
the Tour & Taxis’ 15-minute neighbourhood concept is working.”
explains Michel Van Geyte, CEO Nextensa.
With this acquisition, Quares Residential
Investment strengthens its position as an ambitious investor in
sustainable residential real estate and confirms its commitment to
provide quality, affordable housing for the Belgian rental
market.
“The acquisition of the Imperial building,
developed by Nextensa, is an important step for Quares Residential
Investment and fits into our long-term strategy to give a thousand
families access to sustainable yet affordable rental housing by
2030.” states Romeo Mercken, Head of Quares
Investment Services.
For more information about Quares Residential
Investment and its residences, please visit qrinvest.be. For more
information on the Park Lane project, please visit
parklane.brussels.
ABOUT QUARES RESIDENTIAL
INVESTMENT
Founded in 2022 by Quares Group, Quares Residential Investment
is a residential real estate investment company with a focus on
acquiring and operating residential projects that embody excellence
and sustainability.
ABOUT NEXTENSA
Nextensa is a mixed-use real estate investor and developer.
The company’s investment portfolio is divided between the Grand
Duchy of Luxembourg (44%), Belgium (41%) and Austria (15%); its
total value as of 30/09/2023 was approximately €1.29 billion.
As a developer, Nextensa is primarily active in shaping large
urban developments. At Tour & Taxis (development of over
350,000 sqm) in Brussels, Nextensa is building a mixed real estate
portfolio consisting of a revaluation of iconic buildings and new
constructions. In Luxembourg (Cloche d’Or), it is working in
partnership on a major urban extension of more than 400,000 sqm
consisting of offices, retail and residential buildings.
The company is listed on Euronext Brussels and has a market
capitalization of €457.1 million (value 30/09/2023).
FOR MORE INFORMATION :
Siham
RahmuniCEO Quares+32 (0)496 63 99
85siham.rahmuni@quares.be
Romeo
MerckenHead of Quares Investment
services+32 (0)494 07 69 92Romeo.mercken@quares.be
Jeroen
DetavernierMarketing Manager
Quares+32 (0)483/020674Jeroen.detavernier@quares.be
Michel
Van
GeyteCEO Nextensa+32 2 882 10
08investor.relations@nextensa.eu
Sonja
De
GreefHead of Sales
Residentialsales@nextensa.eu
Nextensa (EU:NEXTA)
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