EIB agrees €60m financing for Media Square development in Brussels

Region:

Europe

The European Investment Bank is providing €60 million in financing to Belgium's RTBF for the Media Square development set to host the public-service broadcaster for the Wallonia-Brussels Federation.

The lender says the investment will provide RTBF with cutting-edge audio-visual production infrastructure in a highly modular and sustainable building that meets the future development requirements of the audio-visual market. The loan is taken from the EIB's own resources and has a maturity of 25 years, with the Media Square works set to last until 2022.

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