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Acquisition in European district
A new transaction has taken place in the European district of Brussels. The building known as La Corrge, located on the Avenue Cortenbergh, which runs between the exit from the E 40 motorway and the Schuman roundabout, has been purchased by the Kan Am Grund Group. This group is acting for a real estate special fund for institutional ...
| 05-02-20

Royal Belge destiny finally set
Caruso St John Architects, a London based firm, is to be the next to take on one of Brussels most iconic buildings of the modern era. Together with Antwerp architects Bovenbouw Architecten, it has won the competition launched by the Brussels Bouwmeester to reconvert Boulevard du Souverain 25 (The Royal Belge), the former headquarters of Axa, to new uses. This ...
| 04-02-20

Belgians make Mipim Awards again
Reed Midem, the organisers of Mipim, have just released the names of the finalists in this years highly prestigious Mipim Awards. Once again, as is almost customary, Belgian projects are well represented.
The jury reviewed over 228 entries from 45 countries and shortlisted the finest projects in each of the 11 competition categories. AG Real Estate CEO Serge Fautr continues ...
| 31-01-20

Besix launches large Luxembourg scheme.
Besix RED, in collaboration with ICN Development and Tralux Immobilier, has acquired a large parcel of land for redevelopment in Luxembourg. This is the site on which Factory 1 of Villeroy & Boch was located, in Rollingergrund, Luxembourg. The City of Luxembourg had acquired Factory 2 in 2016. This site of nearly 46,000 m of buildable area will now ...
| 30-01-20

De Brouckre set for major makeover
BPI Real Estate and Immobel, charged with redeveloping the area around De Brouckre in the historic centre of Brussels, have revealed the thinking behind their programme and the details of what will be done. The architectural element is being mandated to an association of Henning Larsen Architects (Denmark) and A2RC (Belgium). Planning starts this year, demolition works next year ...
| 28-01-20

BNP Paribas acquires Louise 250
There has been a transaction involving one of the most visible old office building in the heart of Brussels. BNP Paribas REIM France has acquired 250 Avenue Louise a 10,000m property located on one of the most prestigious corners of the capital. Belgian developer Eaglestone began rehabilitating the building in 2018 to give it a new identity, integrating ...
| 27-01-20

WeWork pulls out of 16,000 m deal
It is not all plain sailing for one of the latest stars of the shared workplace domain. American giant WeWork was set to make its largest move yet in Brussels, by leasing some 16,000 m in the Multi Tower (the former Philips building) at the Place de Brouckre in the centre of the city. This transaction will not now ...
| 24-01-20

Sale at City Dox
One of the final transactions of last year was the sale by Atenor of the City Dox integrated business services (IBS) building to insurance company Ethias. The building has a total leasable floor area of 8,148 m of offices and has already attracted the attention of distinguished tenants. Agreements have been reached respectively with IWG (Regus) (2,003 m) ...
| 23-01-20

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