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Easternmed Real Estate Capital acquires Brussels office building

Cypriot firm Easternmed Real Estate Capital Plc has acquired full control of the office building 'The Muse' in Brussels by purchasing 100% of the share capital of the Belgian entity Arlon 75BV from the seller, Immobel. The building, located in the European quarter, offers approximately 10,500 square meters of premium office space and is set to host the European Defence Agency (EDA) under a minimum 15-year lease. Delivery of the property occurred in April 2026, and the structure holds BREEAM Outstanding and WELL Platinum environmental certifications. Financial reports regarding the transaction price differ, as Easternmed reported a share purchase price of €82,258,055.75, while Immobel cited a total transaction value of €100 million. The disparity is attributed to the different bases of reference used by the two companies for the calculation. Additionally, Easternmed noted a goodwill value of €22,833,438.63 arising from the transaction. The design of the building was executed by the architectural firm Archi2000.

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