Valesco Group €1.2 billion acquisition of Tour des Finances

Overview:

• Valesco Group, a European real estate investment manager based in London, has acquired the skyscraper Tour des Finances from Breevast and ZBG for €1.2 billion. 
• The acquisition of the Tour des Finances in Brussels is the second largest single real estate asset acquisition in mainland Europe to date. 
• Valesco obtained a €720 million senior loan facility for the purchase, secured from a lending consortium of Allianz, Legal & General Investment Management, Sumitomo Mitsui Banking Corporation and Bayern LB.

Natasha Forrest - Researcher