On Monday 29 April, the European Commission and Belgium finalised an agreement under which the Belgian Sovereign Wealth Fund (SFPIM) will buy 23 buildings from the EU institution for €900 million.
This transaction will help the Commission to achieve its objective of reducing its office space by 25% by 2030, thereby achieving economies of scale by consolidating staff and reducing its carbon footprint. It will aim to diversify activities within the European Quarter by converting around a...