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Focus on the Liège office market
While Brussels appears to constantly suffer from over-supply in buildings, Liège has for many years been characterised by under-supply. The construction of three emblematic buildings – Médiacité, the new Guillemins station and now the Finance Tower – will act as a catalyst for the redevelopment of the city centre districts. A study recently published by Immoquest analyses this market and outlines the perspectives for development. In order to ensure that its study is objective in nature, Immoquest has drawn up the transaction figures for this market over the past five years.
| 17/03/2015

Improved energy efficiency and moderate investments – the PLAGE method
The ‘Local action plan for energy management’, ‘Plan Local d’Action pour la Gestion Energétique’ in its original French (PLAGE*), involves the large building portfolios in the Brussels Capital Region. The fruitful results of this voluntary and subsidised programme launched in 2006 have made it as efficient as it is low-cost for managers of building portfolios.
| 21/01/2015

Case Study l PPP and sustainable accommodation for the Ghent VAC
The Ghent VAC came into being via a Public Private Partnership according to the DBFM formula, with Eurostation, Kairos and the Flemish Agency for Facilities Management, (from the Flemish authorities) as partners. Thanks to an architectural concept emphasising a hermetic construction and maximum insulation, the Ghent VAC is not only the largest – with a surface area of 40,000 m² – but also the least energy consuming of the five VAC, with an effective score of E50. Since June, the building has been home to some 1,300 civil servants. But that is not the end of the matter, because the capacity of the building is 1,548 work stations. It is therefore scheduled that in 2015 the East Flanders fiscal public service will move in to this Ghent site.
| 21/11/2014

Financing the emergence of Smart Cities
In mid-June, the European Investment Bank (EIB) and Belfius announced the creation of a credit line of 400 million Euros to finance, at preferential interest rates, public sector projects allied to sustainable development. According to Pierre-Emmanuel Noel, Senior Banker at the EIB, the objective of the Smart Cities & Sustainable Development programme is to assist and financially support cities and communes in their projects, and more specifically in three domains: mobility, urban rehabilitation and energy efficiency including renewable energies. While this programme is arousing much enthusiasm, the obstacles in the way of realising it are not to be under-estimated. Various initiatives are emerging for assisting local public authorities and for bringing cities together with companies, industry, SME’s and the academic world for the conception and realisation of projects based on the long term.
| 22/10/2014

Urban farms for sustainable development in cities
The city of Brussels, ranked 9th in the ‘European Green City Index’ is seeing the emergence of several urban development initiatives. Last November, the then Brussels Minister for the Environment Evelyne Huytebroeck laid the first brick for a 3,000 m² urban farm to be established on the roof of the new food hall at Anderlecht. This urban farm forms part of the development and repositioning project for the Cureghem abattoirs, being developed by site owner Abatan. This project, partially financed by the Brussels Capital region and the FEDER European fund, includes the creation of a logistics platform for urban distribution, designed to rationalise the distribution of merchandise in Brussels from the TIR centre by using non-polluting vehicles.
| 09/09/2014

Liège's market returns to normal
Following a relatively good 2012, the Liege market was once again been characterised last year by weak take-up. This was essentially kept low by a lack of new product meeting current norms in terms of market expectations. However, local operators indicate that almost 200,000 m² are currently being envisaged in the medium term.
| 05/07/2014

Brussels market still restructuring
A noticeable decrease in take-up characterised 2013, with a total of some 330,000 m² in Brussels and its periphery, down by 17.5% compared to the previous year and substantially below the ten year average of around 500,000 m² annually. Despite the decrease in take-up, the vacancy level has stabilised at around 10%. Various factors appear to indicate an improvement in the vacancy situation for 2014.
| 05/07/2014

The Federal State is rationalising the space within its buildings
The Belgian State Buildings Agency (Régie des Bâtiments) manages properties occupied by the Belgian State or operated on its behalf. The Agency has adopted a new strategy aiming to decrease the space allocated to each full time equivalent (FTE). Dirk van Geystelen, Director General of Real Estate Strategy and Management for the State Buildings Agency, explained the strategy to us.
| 05/07/2014

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Making the News
Docks Bruxsel wins the race to open 

News in short
Belliard 40 attracts pre-lets | 14/12
Good public sector year - JLL | 13/12
Delta tower: Japanese/Belgian team wins competition | 13/12
New perspectives for the redevelopment of the Val-Saint-Lambert site in Liege | 12/12
Befimmo to buy Arts 56 | 12/12
Immobel acquisition in France | 11/12
The future of retailing - CBRE vision | 7/12
Belfius Smart Cities and EIB in La Panne initiative | 5/12
Quartier des Arts - defending Brussels heritage for 50 years | 4/12
SNCB – properties for sale? | 1/12
Mapic in tune with the times | 30/11
URBACT: the theory and the practice at Brussels conference | 28/11
Renewable energy innovation in Godinne hospital | 27/11
Vibrant retail activity in city centre | 23/11
New Tribes opening confirms 'flexible' trend | 20/11
ATENOR involved in major projects within three of Brussels’ strategic zones | 16/11
Strategic alliance between Befimmo and Silversquare, a co-working pioneer | 15/11
Major residential project for HIB in Molenbeek | 15/11

RE Project in the News
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