Belgian police have raided offices of the European Commission as part of an investigation into potential irregularities linked to the sale of real estate assets, according to a report by the Financial Times.

The investigation, led by the European Public Prosecutor’s Office (EPPO), concerns the 2024 sale of 23 buildings to Belgium’s sovereign wealth fund, SFPIM, for 900 million euros. At the time of the transaction, the European Commission stated that the sale had been conducted in compliance with EU financial regulations.

As reported in Reuters, the EPPO confirmed that a raid had taken place but did not provide further details. Belgian police declined to comment on the operation.

The Belgian prosecutor’s office, the European Commission and SFPIM did not immediately respond to requests for comment.