New purchase License to Construct August 2025

License to Construct successfully acquired the iconic Lavallée office building in Brussels through a share acquisition.

The building of approximately 15,700 m² & 137 parking spaces is fully leased to the Walloon Government and is currently undergoing an investment program aimed at achieving BREEAM Very Good certification. This transaction fits within License to Construct's buy & hold strategy, with a focus on making our buildings more sustainable and a long-term relationship with our tenants & stakeholders.

Thanks to Ernest Partners for assistance on financing, DLPA Lawyers for legal due diligence & support, Warfid for financial due diligence & support and De Kempe Real Estate Advisory for their commercial support. Thanks also to BNP Paribas Real Estate for their professional guidance to the selling party.