Atenor to sell the @Expo office complex to the Adventum fund this year
Belgian real estate developer Atenor, backed by several Belgian millionaire families, is trying to close the deal this year to sell the @Expo office complex to Hungarian investment fund Adventum. The deal is valued at around EUR 120 million.
Atenor and Adventum have been in a deal for @Expo since the end of last year, but talks have dragged on for several reasons and now the two sides need to reach an agreement by the end of the year or the deal may cancel according to market sources. This is the most valuable office deal in the works right now.
The Belgian developer delivered the 49,000 sqm complex this summer with a quarter of the space leased.