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Glaverbel Building: Offices managed like a luxury hotel
Impacted by the crisis, the office buildings sector is being obliged to constantly reinvent itself. At the beginning of its Property Manager mandate for the iconic building formerly occupied by Glaverbel, DTZ analysed those contracts currently in operation in order to renegotiate them and obtain a quality of service at the best prices. The level of charges per square meter was therefore able to be decreased by 20% over two years according to Henry Morauw, Head of Property Management at DTZ.
| 21/01/2014

OCI Europe: The crisis puts Belgium under pressure
The second edition of the European Occupiers Cost Index (OCI) published last year by AOS Studley gives a clear indication of the average annual cost of a work-station per full time equivalent (FTE) employee in Europe. The OCI is the result of an intensive survey carried out in 22 European countries which analyses no less than 3,400 buildings. It is made up of elements borrowed from the EN 15221 norm. Firstly, the ‘Space & Infrastructure’ component which considers costs and investments relative to the building. The second component ‘People & Organisation’ brings together employee support facility costs. And the third element ‘Management’, covers strategic, tactical and transversal management. The survey on which the 2013 survey is based involves 1.45 million FTE’s and a total office surface area of 31 million square metres.
| 11/12/2013

TOWN PLANNING l Liège l Val Benoît, rehabilitation of the former university site
While it may be Guillemins and the Calatrava station which are currently attracting the attention of real estate professionals in the Liège region, the Val Benoît site is also worthy of a pause. The former university site, home to the faculties of science and applied science of the University of Liège is the subject of a vast conversion programme.
| 20/05/2013

Town Planning | Antwerp demonstrates new dynamism to investors
“With the new administration, we are emphatically seeking to bring about a change of mentality,” opens Alderman Rob Van de Velde, who is responsible for Urban Planning and Development. “The turnaround time for large projects needs to be cut drastically; waiting times of ten years in some cases are no longer acceptable.”
| 20/05/2013

INVESTMENT l Market Trends - what to expect for 2013
The investment market has been changing in nature over recent times. A combination of the economic and Euro crises, and a market which has self-regulated (some would say over-regulated) have pushed investors into new segments. We take a look with Anixton and CBRE at what has been happening in 2012, and what we may expect for the whole of 2013.
| 16/05/2013

PUBLIC-PRIVATE PARTNERSHIP l DBFM structures under pressure
Over the last two to three years, the impact of the financial and economic crisis has been clearly felt on the real estate market. A slowdown has occurred, and the development of both individual buildings and larger sites or zones has become more difficult. The pressure that real estate projects are facing is partially due to the increased difficulty in obtaining financing. This is a vicious circle, as diminished sales opportunities reduce the willingness of banks to provide finance. The problems on the financial markets are also putting DBFM structures under pressure.
| 15/05/2013

PROPERTY & WORKPLACE MANAGEMENT l Integrating the concept of the ‘New Way of Work’ into a turnkey of
As a real estate developer offering offices for rental by companies, Intervest Offices & Warehouses has been increasingly confronted by various demands over the recent past. These demands, from potential tenants, are for assistance in laying out the offices: from space planning to the implementation of the concept of ‘New Way of Work’, not forgetting finding suitable office furniture. This provides an opportunity to develop these services in their own right and to highlight them in order to attract potential tenants with turnkey solutions.
| 15/05/2013

RETAIL l MARKET TRENDS l A mixed bag but weathering the storm
The Belgian retail market continues to perform well, despite the economic crisis. In 2012, more than 300,000 m² of space found takers, a very similar figure to the previous year. CBRE reports that over half of this space was in peripheral locations and shopping centres, with high streets and city centres somewhat stagnating.
| 15/05/2013

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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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