Particle.news
Download on the App Store

Police Search European Commission Offices in EPPO Probe of 2024 €900 Million Property Sale

EU prosecutors are examining whether the 2024 deal complied with protections for the bloc’s finances.

Overview

  • Belgian police carried out early‑morning searches at Commission premises in Brussels on Thursday as part of the investigation.
  • The European Public Prosecutor’s Office said it is conducting evidence‑gathering in an ongoing case involving the Commission.
  • The Commission said it will cooperate with EPPO and Belgian authorities and expressed confidence that the sale process complied with rules.
  • The transaction covered 23 buildings and was undertaken as the institution reduced its office footprint after increased remote work post‑pandemic.
  • The properties were bought by Belgian sovereign wealth fund SFPIM, which planned sustainable renovations before re‑marketing them for commercial and residential use.