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The Independent UK

National

Via AP news wire

Prosecutors investigate the EU's executive branch over the sale of buildings to Belgium 2 years ago

European Union Belgium European Commission the European Commission Eppo Europe

Europe Property Probe - (Copyright 2023 The Associated Press. All rights reserved)

Prosecutors have opened an investigation into the European Commission’s sale of 23 of its buildings to Belgium where it has dozens of premises, the European Union’s executive branch said on Thursday.

Belgium’s sovereign wealth fund SFPIM bought the buildings for around 900 million euros ($1 billion) in 2024 to help transform the European quarter of the capital, Brussels, “into a modern, attractive and greener area,” according to the European Commission.

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