Hamburgische Immobilien Handlung (HIH) said this week that it has placed its first Belgian fund with an investment volume of over EUR 37 mln, of which EUR 21 mln is its own equity. The HIH Global Invest 03 - Belgien closed-end vehicle has purchased the Rue Royale 138 office building located in the city centre of Brussels for EUR 31.5 mln.
Ares, Coima and MEAG are three investors which have closed multiple acquisitions in the last few weeks.
