German fund management group IVG has mandated real estate advisory firm Anixton to dispose of the Tervueren Plaza office scheme in Brussels. The property is located on the prestigious Avenue de Tervueren facing the Palais Stoclet in Brussels and comprises 10,000 m2 of office space.

The asset, which is fully let to two tenants, is expected to fetch around EUR 20 mln. Anixton estimates the sale process to take a total of six months.