Undisclosed amountBelval Plaza sale

RTL Today
Buyers, Firce Capital, state the area has "enormous potential for development and growth”
© RTL Archive

The commercial centre opened its doors in 2008 and neighbours, Rockhal, the Esch-Belval train station, the Belval campus of Luxembourg’s university and RBC’s large site.

According to a press release (which can be read in full here), the 37,150 m² shopping center in Esch-sur-Alzette has been acquired by Firce Capital. “We are very pleased to have been able to finalize this important acquisition”, Christophe Fournage, President of Firce Capital, said. "[T]he Belval Plaza shopping center has enormous potential for development and evolution.”

Belval Plaza was developed by the Dutch investment firm Multiplan. Last February, Multiplan’s former leader was sentenced to 2 years in prison for embezzling €25m during the construction of the Belval complex.

The Plaza welcomes an average of 6.5 million visitors a year.

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