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Foreign deals continue for Belgian operators
There is a substantial amount of continued activity by Belgian real estate companies outside of our borders. In this latest report we highlight three such companies and their latest moves in Spain, Germany and Romania. Investment trust Xior Student Housing, firstly, has acquired a student residence in Granada, in the Andalusia region of Spain, from, Amro Real Estate Partners. ...
| 11-08-20


Retail activity - some surprises
Alongside its report into the Flanders office market over the first half of this covid-affected year, real estate advisor CBRE has analysed the situation for retail real estate across the whole of Belgium.
| 10-08-20


Eaglestone acquires 'Les Jardins de l'Orne'
The former paper mills at Mont-St.-Guibert have gradually been transformed into a vast mixed use project since 2011, named ‘Les Jardins de l’Orne’. This project extends to some 9 hectares and will eventually see 300 houses and apartments, a crèche, retail units and office space. Brussels-based developer Eaglestone has now become a major player in this project, by acquiring from ...
| 07-08-20


Primark property changes hands
There has been a major retail transaction in Brussels. Union Investment has acquired a commercial building in Brussels for special fund UII European. Along with a property in Madrid, these are the first two retail properties to be added to the fund. The commercial building is located at Chaussee d’Ixelles 63 - 65 in the rapidly developing uptown ...
| 05-08-20




New world management skills
The way in which our work and our workplaces will be organized in the future has been the subject of much speculation since the start of the crisis. One major change to be envisaged has been the creation of the role of ‘Chief Places Officer’. Now, remote working and shared offices specialist Regus has identified another management skill ...
| 04-08-20


Dual blow for Flanders office market
Real estate advisor CBRE has produced a report showing the state of the Flanders office market at the end of the second quarter of 2020, and obviously in the wake of the onset of the Covid-19 crisis. Office take-up in Flemish markets at the end of the first half of the year, CBRE finds, was 80,000 m². This ...
| 03-08-20


Foreign healthcare attracts more Belgian investment
There is more news of activity by Belgian companies outside of the country. And these new transactions confirm the important place now occupied by healthcare and associated domains in the real estate industry. Firstly, Cofinimmo has acquired the ‘Residentie Moermont’ healthcare complex in Bergen op Zoom in the Netherlands for 46 million Euros. Jean-Pierre Hanin, CEO of Cofinimmo, states: ...
| 31-07-20


Brussels offices: down but not out
Real estate broker JLL has succeeded in producing figures for the Brussels office market at the end of the second quarter of 2020, despite the difficulties in gathering totally comprehensive data during this exceptional period. And JLL acknowledges this: ‘Where prime real estate transactions have not occurred and evidence of actual market performance is absent, notional assessments have been ...
| 30-07-20




Val Benoît receives green light
A major residential scheme in Liège has taken a further step forward. The City of Liège has just given its approval to continue with the transformation of the former Mechanical Institute at Val Benoît. This will accommodate 232 residential unit destined for university and post-graduate students. Investment fund SOGEPA, specializing in assisting Walloon firms in redeployment projects, is taking part ...
| 28-07-20





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