Belgium: EIB grants financing to Media Square, an iconic project for Brussels
The EIB is providing €60 million in financing to RTBF for the Media Square development set to host the public-service broadcaster for the Wallonia-Brussels Federation. The EU bank is signing this operation under its innovation and climate action priorities.
For the European Investment Bank (EIB), the financing of RTBF's Media Square real estate project falls under its priority objective to support innovation, technological development and a knowledge-driven economy in Europe. This 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.
