Bâloise acquires Herman Teirlinck
At the end of 2016, Extensa Group reached an agreement over the sale of its shares in NV VAC De Meander. It is the owner of the Herman Teirlinck Flemish administrative centre under construction in Tour & Taxis (Brussels).
The buyer of these shares is the Swiss insurer Bâloise, together with its Belgian, German and Luxembourger subsidiaries.
Before this sale, Extensa already took over the 49% shares that were owned by Participatiemaatschappij Vlaanderen (PMV) in NV VAC De Meander.
The new VAC in Brussels will accommodate around 2,600 Flemish civil servants, who already work in offices in the Northern Quarter.
The proximity to Bruxelles-Nord station was an important condition for awarding the public contract launched by PMV on behalf of the Flemish Community in 2014.
The project was also the catalyst for Extensa to buyout other shareholders of Tour & Taxis at the beginning of 2015. Extensa received planning permission in January 2015 and the building is scheduled for completion in mid-2017.