HOME      NEWS           AGENDA           LIBRARY           NETWORK           PROJECTS           NEWSLETTER           ABOUT US     

Residential conversions in Flanders

Most of the talk in terms of converting obsolete office buildings into housing concerns Brussels But real estate advisor JLL has been looking at this phenomenon as it affects Flanders. The population of Antwerp, it says, is rising: currently in the commune of Antwerp there are 524,000 inhabitants against 446,000 in 2000 (Source: Federal Service of Domestic Affairs) and there is a shortage of quality housing, especially at an affordable price.

The City of Antwerp therefore favours new residential developments but available land is scarce, fuelling the trend of conversions of obsolete vacant offices into residential, or the switch of land previously aimed at office developments to housing projects.
The best example in JLL’s eyes is in ‘t’Eilandje along the Schelde river: former offices or abandoned industrial sites are being redeveloped, Cores has recently purchased the Friendship Building along the Rijnkaai and is launching an architectural contest for a residential project.
A surprising reversal of history is that in Antwerp, some projects of office conversions into residential are conditional on maintaining a minimal part of offices in the building.

Ghent is not immune to the reconversion trend either, in a recent analysis JLL identified 15 – of which 12 in the Centre – former office buildings converted into residential or other uses, for a total amount of c. 36,000 sq.m., the largest of which is the Kouter 150 (former headquarters of Fortis, approx. 6,500 sq.m.) that has recently been completed as a high quality apartment building.

Similarly, Leuven is redeveloping former industrial sites along the water and creating new mixed districts which respond to high quality requirements.
AG Real Estate is currently developing residential buildings on one side of the Vaartkom (‘Twee Waters’), while on the other side Immobel is redeveloping the old breweries of AB Inbev into residential units and mixed buildings such as De Silo’s that comprises a portion of offices in which media company De Chinezen has taken 2,586 sq.m.


Image of 't'Eilandje: Antwerp
Image of 't'Eilandje: Antwerp







| 05/10/2018

share:    facebook  twitter 

News in short
End of the road for Uplace? | 15/10
Au 'Fil de l'eau' back on track | 11/10
New CEO for HIB | 10/10
Disruptive 'Le Pesage' restaurant opens at Drohme | 8/10
Residential conversions in Flanders | 5/10
New youth hostel for Charleroi | 3/10
Lunch with a lady architect | 2/10
Brussels office market sluggish but better years to come | 1/10
Atenor strengthens commercial know-how | 28/9
CBC building on Grand'Place bought by ProWinko | 26/9
More residential development for Namur | 24/9
New business centre for Liège Airport | 21/9
Major Luxembourg sale for Atenor | 19/9
2.000 civil servants of Brussels Region to move and be housed in the Silver Tower | 18/9
Neo 2 public procurement assigned both to CFE and COFINIMMO | 13/9
Matexi to tackle Brussels challenges | 6/9
Gregory Olszewski brings real estate show back to Brussels | 5/9
USA cancels purchase option on Souverain 25 | 4/9
Atenor spreading its wings | 31/8
Logistics centres bought by CBRE Global Investors | 30/8
Spaces flagship at T&T | 28/8
‘400 Toits’ (400 Roofs) campaign to tackle the homeless in Brussels | 24/8
Retail rents plummeting | 23/8
Immobel acquisition in Luxembourg | 20/8
Labour shortage a problem for logistics market? | 24/7
Two major deals for Manhattan Centre | 20/7
Rapid letting of Brixius business park | 18/7
Sophie Lambrighs leaves HIB | 16/7
Physical presence still important in the digital domain | 13/7
Largest transaction in West Flanders | 12/7
First Mipim Proptech Europe conference | 10/7
Cording makes double entry into Brussels market | 6/7
Antoine de Borman replaces Denis Grimberghs at citydev | 5/7
HIB enters apart-hotel sector | 3/7
Horizontal City goes on display at Bozar | 19/6
Prestige residential development on Avenue Louise | 14/6
Xavier Denis joins AG Real Estate | 13/6
Award for Tivoli | 11/6
Lunch with a fascinating architect | 5/6
Besix RED turns 30 | 1/6


back