29/09/2012 - AG Real Estate is pleased to announce that one of its affiliated companies has entered into an agreement with the Steigenberger Hotel Group, a first class international hotel company, to operate its landmark hotel building, part of the Wiltcher's complex located on avenue Louise in Brussels, as from the 1st of January 2013. Steigenberger will operate the 269 room hotel at the equivalent 5 star level while bringing a new energy and dynamism to the property. Both parties have agreed on an investment program to be implemented in the course of the next few years with the aim to further improve the quality of services for the benefit of the customers. The entire staff of the hotel will be transferred to the new operator.The operation of the Hotel under the Conrad brand will come to an end after an uninterrupted period of more than 20 years. AG Real Estate would like to thank the Hilton Worldwide Group for the professional cooperation over these last two decades. Xavier Pierlet, Head of Asset Management, is delighted about this future cooperation with one of Europe's leading hotel groups, who has chosen AG Real Estate as a partner for operating its first hotel on the Belgian market.