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'Generali' changes hands
To begin the New Year, details of a major transaction in Brussels. We recently reported on the renewed interest in the Louise district, and now it has been announced that European real estate investment company Patrizia has acquired the Louise Tower (commonly known as the Generali Tower) in Brussels as part of a portfolio of six office buildings ...
| 06-01-20

Residential - AG now a major player
For some time, the residential domain has been taking on far greater importance in the overall real estate market. Major players which previously only concentrated on the traditional sectors such as offices, retail have entered the domain. One of the biggest is AG Real Estate, which now has a stand-alone department AG Residential. Its Commercial Director, Vanessa Issi, explains ...
| 23-12-19

Trne Square changes hands
There has been a significant transaction in the European district of Brussels. It has just been announced that AEW has acquired Trne Square, an office building in the CBD of Brussels, Belgium from GLL Real Estate Partners. The purchase is made on behalf of AEW Europe Value Investors II and represents the fourth investment for the Fund. ...
| 20-12-19

Mipim to focus on reinventing cities
The organisers of Mipim Reed Midem have just announced that the 2020 edition (Cannes 10 to 13 March) will turn the spotlight on how cities need to reinvent themselves to meet their inhabitants aspirations for a better quality of life. The central theme of next years event The Future is Human follows on, they point out, ...
| 19-12-19

Records tumble in 2019 - JLL
Real estate advisor and broker JLL has just held its comprehensive annual press conference. All the results of the year just finishing, along with the outlook for next year, in each major real estate segment, were presented. In the first of a number of articles, we look at the exceptionally good performance (breaking records) of the office take-up and ...
| 18-12-19

New citydev project in Molenbeek
The latest acquisition by citydev.brussels is set to see a major development in the Osseghem district of Molenbeek in Brussels. The organism has just officially confirmed that it will acquire the 4.4 hectares of land around the administrative offices of supermarket chain Delhaize. These offices are being moved in phases to the supermarkets distribution centre at Zellik. It is ...
| 17-12-19

'Infinity' points to future of Kirchberg
The opening of a shopping centre of just 22 units may not appear to be a major event, but in the ca se of Infinity Shopping which was inaugurated yesterday in Luxembourg, it is significant on three counts. Firstly, this project is by Immobel, Belgiums largest quoted real estate developer, which gives it a certain standing, and is operated by Real ...
| 13-12-19

Senior homes - the figures behind the trend
The emergence of rest homes and other forms of residential accommodation for the elderly as an investment class, has prompted CBRE to investigate and explain exactly what is happening in this domain in Belgium, and why. Senior housing, says the real estate advisor, has attracted growing interest from investors over recent years for the bricks and mortar component. ...
| 10-12-19

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Making the News
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Go-ahead for WTC renovation 

During this event, you will be able to network with public and private real estate decision-makers, such as administrators and decision-makers from the Brussels government, investors, real estate developers, property owners and property managers, architects, urban planners, entrepreneurs, real estate agents and consultants. The contribution of the Brussels-Capital Region to the National Energy and Climate Plan is ambitious! Secretary of State Pascal Smet presents a link between the fields of urban policy and climate in the future space policy.
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