The International Press Centre (IPC) building is an eight-story building, consisting of 90,000 square feet of Class B office and retail space. It is Pembroke’s first acquisition in Belgium. Located in the European Union (“Quartier Leopold”) district of Brussels on the corner of Boulevard Charlemagne and Rue Stevin, IPC is one block from Schuman Circle and directly behind the European Commission headquarters at the Berlaymont building.

Currently, the building is nearly 100 percent occupied with tenants predominantly from the global media industry.


Pembroke views IPC as a long-term, well-allocated addition to our growing international investment portfolio, as the city of Brussels has demonstrated consistently stable real estate returns over the past 15 years. Additionally, the high concentration of diplomatic missions, political bodies and international organizations that comprise the city’s tenant base, make this acquisition even more attractive, while also allowing us to diversify our overall portfolio holdings.