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News Release


Cores acquires Markland NV, owner of an Antwerp office portfolio

JLL exclusively advised Markland NV on this deal

​Brussels, the 27th January 2016 – JLL announces the sale of Markland NV, owner of an office portfolio in Antwerp, to a Belgian project developer, Cores.

The Markland Portfolio consists of 8 office buildings located in Antwerp CBD, benefitting from an excellent accessibility both by car and by public transport. 

The total office area of this portfolio amounts to 55.934 m² with 2.334 m² retail area, 214 m² residential area, 3.776 m² archive area and 917 parking units. The office area is 85% occupied and the current aggregate actual rental income amounts to € 5.432.328. 

The portfolio was sold to Cores/Midwest, as a combination of a redevelopment – investment play.

In this sale, JLL acted as exclusive sales advisor for Markland NV, conducting a competitive bidding process leading to a successful disposal in January 2016.