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Atenor results and portfolio progressing
As each year, developer Atenor has just given details of its financial performance over the previous year, along with the current position of its portfolio. Firstly, an overview of the results. The company’s strategy is for predictable growth, and it saw this again in 2019. The consolidated result after tax was up by 7.39% to 37.78 million Euros, ...
| 17-03-20

Housing - from the old to the new
As a demonstration that it is not just obsolete office blocks which can be transformed into residential accommodation, developer Codic has revealed plans to create a complex of 30 housing units to be named Villobar, based around an elegant villa at the corner of the Avenue de Tervueren and the Avenue du Marquis de Villalobar in Woluwe. ...
| 16-03-20

Investment set for another good year
Real estate advisor JLL has produced a report looking at the appetite of investors for the Belgian market. The first title in the report sets the scene: ‘Investor appetite for Belgian real estate was never higher’. Looking towards 2020, JLL finds that investors are ready to buy more property assets, as most economists believe that the low interest and ...
| 13-03-20

Spaces on the expansion path
To further expand its multi-brand network of business & coworking centres in Belgium, IWG (International Workplace Group) known for operating the REGUS & SPACES centres has announced that it is looking for franchise partners.The objective is to increase the number of business centres they operate in the country from 40 to over 130 by 2029. To ...
| 12-03-20

Eaglestone makes international acquisition
A relatively new developer on the Belgian real estate scene, Eaglestone (Nicolas Orts and Gaëtan Clermont) has announced a major new step in its growth. Founded in 2010 and already active in Belgium and Luxembourg, where it has a portfolio of 35 projects (residential, offices, retail) with a combined value of around 700 million Euros and a 2019 ...
| 11-03-20

Customs Hall of Tour & Taxis to become a hotel
The next step in the regeneration of Tour & Taxis along Brussels canal ha s just been announced by the office of Brussels Region minister for planning and international trade, Pascal Smet.Extensa, the site developer, is to transform the former Customs Hall into a 102-room hotel. The news has also been welcomed by Pascal Smet: “This is ...
| 10-03-20

Banimmo halves losses and concentrates on Belgium
Banimmo has just published its annual results for the year 2019. Last year, there was a radical restructuring and many buildings went out of the door. Globally, the occupancy rate of the real estate portfolio improved slightly from 87 to 91.5 percent. In 2019 Banimmo withdrew from France. The real estate developer can now fully focus on its activities in Belgium. The ...
| 09-03-20

We are Real Estate becomes collateral victim of Coronavirus
The organisers of We Are Real Estate, The Fair Experts, have announced that this year’s show, due to be held at Brussels Expo on May 27 and 28, has been cancelled. This is not directly because of the Coronavirus outbreak and any restrictions on gatherings, but for a pragmatic business reason. In a communiqué, the organisers (led by former Realty ...
| 09-03-20

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