The staggering rise of Asia
For our third look at the way real estate advisor CBRE expects the real estate market to look in 2030 (‘Global Outlook 2030’), we turn to investment and the rise of Asia.
Under the title ‘Early Morning in the Asian Century’ CBRE states that multiple trends are converging to give Asia a big advantage over the rest of the ...
Patrizia acquisition in 'resilient' Luxembourg market
European real estate investment company Patrizia has acquired the AIRE office building in Luxembourg City (Route d'Esch) on behalf of its institutional clients. The acquisition increases the number of properties Patrizia manages in Luxembourg to 13, comprising total space of around 87,000m², with a total value of approximately €800m. Patrizia, with offices across the continent, has a total of ...
Farewell to Evelyn Gessler
One of the best-known and most recognisable figures in the ‘communications’ side of Belgian real estate, has died. Evelyn Gessler, a long time public relations professional, succumbed to a long illness a few days ago. Evelyn’s most recent enterprises were Decitime and then Decider’s, which were active for many professionals in the sector, organising conferences, project presentations, soirées...
Construction sector on the starting blocks for May 4 restart
The construction social partners reached agreement last Friday. Non-emergency interventions and activities, as defined in the ministerial decree of March 23, should be possible according to the agreement, but they must respect the rules of social distance without exception. If they don’t, the work may completely or partially be stopped.
Constructiv, the service organization for the social partners in ...
American logistics fund starts European portfolio in Belgium
Realterm has announced that it has closed the Realterm Europe Logistics Fund (RELF) at €100m to invest in the high flow-through logistics real estate sector in Europe. RELF is the ninth fund raised across the Realterm platform and the firm’s first value-added fund in Europe.
RELF's first investment is a further demonstration of the geographically important strategic location of Belgium ...
Nova Mons to rejuvenate the city center
A major new city district is taking shape in Mons city centre. To be called ‘Nova Mons’ it is including the old Belgacom site, the Place de Bootle and surrounding streets, a strategic location at just two hundred meters from the historic main square of Mons.
Nova Mons is supported by the real estate developers ION and
Liège office market set for a boost
Real estate advisor Cushman & Wakefield has carried out a survey of the Liège office market, in particular considering how 2020 may perform. It starts by saying that with new developments expected to come to the market over the next four or five years, the increase in activity which had been expected now appears to be underway. Cushman predicts ...