Quares strengthens its position on the Brussels office real estate market

Mechelen, 14 April 2016 – Union Investment has awarded Quares the full mandate for managing the ‘Corporate Village’ business park in Zaventem. Quares thus saw its portfolio on the Brussels office real estate market grow by 20%.

Cooperation with Union Investment Real Estate

Union and Quares joined forces in 2015, when Quares was appointed manager of  part of their portfolio. Following this fruitful cooperation, on 1 April of this year Union Investment gave Quares the full mandate for managing their office buildings in Belgium – including Corporate Village.

Union Investment is an international investment company from Germany, whose real estate portfolio covers 24 countries. They currently manage some 20 real estate funds representing a total value of EUR 29.9 billion.

It goes without saying that as the manager of a real estate fund, Quares constantly watches over the planned budgets and provides systematic and detailed reports to the owner in this respect.

Management of Corporate Village

Consisting of six office buildings with a total surface area of 76,000 m², the complex fully responds to the current needs of the businesses, with quality of technology and service provision playing an important role. As manager of the common areas, Quares makes a maximum effort to keep tenants satisfied by putting its 24/7 service desk at their disposal.  

In addition to this mandate, Quares can also provide coordinating services with respect to the refurbishment of office space or removals, as well as facility management of tenants’ private premises.

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