Xior acquisition in Leuven
There has been another transaction in the emerging asset class of student housing. Xior Student Housing, Belgian real estate investment trust (BE-REIT) specialising in student housing in Belgium, the Netherlands, Spain and Portugal, has announced an agreement on the acquisition of the ‘Studax’ student residence in Leuven, comprising 292 student rooms. This recently developed student residence (completion 2016) in ...
New public service training schools being prepared
Work has been started by citydev.brussels to rehabilitate the Blue Star site located on the Rue du Planeur at Haren. By the end of this year, it will be ready to provide accommodation for a number of different schools: these are grouped together under the banner of Brusafe – the future regional school for safety and security related topics ...
Cofinimmo puts strategy into action
Cofinimmo has been demonstrating its office portfolio strategy over recent days. This policy is described by Jean-Pierre Hanin, Chief Executive Officer:
“Cofinimmo’s strategy in the office segment consists of improving the overall balance of the office portfolio by reducing the part invested in the decentralised area to the benefit of assets located in the Central Business District of Brussels.”
Two transactions ...
Realex nearing construction...?
There is more news concerning the major Atenor project ‘Realex’ located on the plot between Rue de la Loi and Rue Lalaing close to Résidence Palace in the European district. As reported by L’Echo, the permit decision is now expected by around the end of June, and works should be able to start.
Realex has grown in size since it ...
Proptech has its own Awards
One of the buzzwords of the past year or two has been ‘proptech’. The term refers to the host of technological innovations which are being used in modern buildings – somewhat in the same vein as the connected cars we are now all used to.
Two forthcoming events will highlight this emerging domain, the one taking place within the context ...
Retail park transaction in Mouscron
The attraction of retail parks outside of the main shopping hubs has been confirmed by a transaction in Wallonia. Deka Immobilien has announced that it has acquired the ‘Les Dauphins’ Mouscron, from the Fidelity International Real Estate Fund. The parties agreed not to disclose the purchase price.
The retail park was built in 2013 and consists of two buildings ...
Colonel Bourg sale: another residential conversion
Cofinimmo has announced the sale of an important building in one of Brussels’ decentralised office districts. The building in question is ‘Colonel Bourg 105’, located close to the E40 entry to Brussels when coming from Liège.
Colonel Bourg 105 offers more than 2,600 m² of office space. It has multiple tenants and is partially vacant.
Neo: finishing line in sight
It is perhaps fitting that the developers of the Neo complex (the Brussels Region) selected the first We Are Real Estate trade fair, held on the Heysel plateau itself, to give an update on progress. This was the occasion for the audience to hear of some completion dates which are a little less distant than has often been the ...