Hesse Newman Buys €62M Brussels Office

Closed-end fund manager, Hesse Newman, has purchased an office building in the Leopold district of Brussels.

Closed-end fund manager, Hesse Newman, has purchased an office building in the Leopold district of Brussels, PropertyEU reports. The property was acquired by the Hamburg-based firm for about €62 million.

The building is rented to the European Commission through 2020. The property has been earmarked for Hesse Newman’s new Classic Value 3 fund, which will be open to investors in the second quarter of 2011. Click here for the story from PropertyEU.

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