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Raphaël Legendre heads Besix Belgium
In its willingness to consolidate its position as a major player on the Belgian real estate market, Besix RED has announced that Raphaël Legendre was appointed to the position of Country Director Belgium on May 4. He is thus in charge of residential, tertiary, commercial and service real estate development throughout the country and will be responsible for consolidating ...
| 04-06-20


Co-working - an inherent contradiction
One of the most recent entrants into the co-working domain is Welkin & Meraki, with centres in Brussels (Avenue des Arts) Paris and Luxembourg. The current coronavirus crisis has led to greatly increased attention being paid to company employees working from places other than their traditional offices. While this is generally accepted to be their homes, the position of ...
| 03-06-20


Charleroi pursues development strategy
In its long document ‘Project for a City’, the city of Charleroi sets out its ambitions for the coming few years in terms of being inclusive, sustainable and entrepreneurial, among others. Also included are several specific projects involving real estate, and some of these are as follows. Firstly, around the airport area, the city says it will convert the Gosselies ...
| 02-06-20


Maritime Station inaugurated
The latest evolution in the very long project to turn Tour & Taxis into a complete city district took place this week. The fourth of the major historical buildings to be renovated, the Maritime Station (following the Royal Warehouse, the Sheds and the Hôtel de la Poste) was finally inaugurated. The building itself is extremely impressive through its size – ...
| 28-05-20




Impact of Covid on Cofinimmo’s 30 million Euro annual rental income from AB InBev
Cofinimmo generates yearly rental income of 30 million Euros from AB InBev from around 1,000 cafés and restaurants in Belgium and the Netherlands. This represents 11.6 percent of all its rental income. In 2007, Cofinimmo paid 357 million Euros for the 90 percent acquisition of 1,068 ABN in InBev’s catering establishments, of which 823 in Belgium. It was a ...
| 28-05-20


Investor appetite for residential still growing
Over the past few years, the residential real estate market has made its way into the mainstream, as an asset class in its own right. This has occurred to the point that the major players in the industry are now becoming increasingly involved in a domain which, previously, was reserved for specialist residential players.

One of the companies now paying ...
| 27-05-20


Belgian players increase foreign care centre portfolios
As part of our occasional look at what some of our major real estate players are doing outside of Belgium, we report on transactions by AG Real Estate and Aedifica in the ‘care centre’ segment. Firstly, AG Real Estate has announced that along with Luxembourg life insurance company Cardif Lux Vie, it has acquired a care home in Germany. ...
| 26-05-20


Retail transformation to accelerate after the crisis
There has been a great deal of speculation about what retailing is going to look like once when we return to ‘normal’. Long queues of people outside shops with the recommended two metres of distance between them, has now become part of our lives. But will there be a structural change to the industry? A number of those most ...
| 25-05-20




Property managers take centre stage
The task of managing a property is usually outsourced by building owners with rent-paying tenants to specialist companies (often departments of the major brokers), but it is nevertheless a role which is generally considered to be slightly to one side of the ‘mainstream’ real estate business. Coronavirus has changed this perception, however, and this aspect of the overall business, ...
| 22-05-20





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