COCA-COLA HEADQUARTERS, BRUSSELS
COCA-COLA HEADQUARTERS, BRUSSELS
Background
Rynda Property Investors LLP advised Investcorp on its acquisition of the Coca-Cola headquarters in Brussels for €88 million in a sale and leaseback transaction. Rynda is appointed as asset manager.
Asset description
The property provides over 30,000 square metres of high-quality office, research, development and laboratory accommodation with over 670 car parking spaces. The property has been leased to Coca-Cola for 10 years.
Business plan
Rynda has been appointed to asset manage the property to enhance its value and maintain an annual distributable surplus for Investcorp.