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Go-ahead for Namur Law Courts
The Council of Ministers has just given its approval to designate a contractor for the construction of the new law courts building in Namur. The construction of this facility will be in the form of a public-private partnership, and the private element is made up of AG Real Estate, CIT Blaton and BPC (CFE group.) Once the contractors ...
| 12-06-20

Real estate transactions down 15% but positive signs of recovery
The Federation of Notaries has released figures showing that between January 1st and now, there have been 15% fewer real estate transactions. The lockdown, which made it impossible to sign notarial deeds or to continue to visit real estate properties, is the main cause of this.

Since mid May, real estate agents have been reporting positive signs of recovery, ...
| 12-06-20

The future Red Cross coordination centre to be constructed in Namur
In 2023, the Red Cross will relocate part of its troops to Namur, on the Boulevard Ernest Mlot, a stones throw from the station. This future coordination centre will be installed in a brand new building. Three of the departments, currently spread between Brussels and Wallonia, will thus be brought together: the coordination of operational activities in aid, social ...
| 12-06-20

UPSI calls for VAT reduction on new housing
Along with other sectors such as the caf and restaurant trade, the residential real estate sector has now asked the government to reduce VAT on part of the cost of new housing, from 21% to 6%. This request has been formulated by professional real estate association UPSI, which sees the move as a way of kick-starting the market following ...
| 11-06-20

Investors still positive despite crisis
Cushman & Wakefield has undertaken a survey into the post-coronavirus perspectives for the investment market in Brussels, speaking to around a hundred of the most active local and international players. Those surveyed largely correspond to asset and investment managers (45%) followed by investment funds and private investors including Family Offices (14%) and developers (10%). A number of key findings ...
| 09-06-20

Real Estate Week in Paris
The organisers of Mipim, Reed Midem, have announced some details of the Paris Real Estate Week (14 to 17 September) This week of activities is structured around Propel by Mipim (previously Mipim Proptech) and will comprise debates, conferences, Awards and an exhibition area designed to address key topics in property, city agendas, and innovation.

Mipim 2020 ...
| 08-06-20

Brussels market down but not out
The eventual impact of the current health crisis on the real estate market in Brussels may not be known for quite some time. Nevertheless, real estate advisor JLL has prepared a report on first quarter and some second quarter activity, which reveals the expected significant drop in take-up compared to last year.
| 05-06-20

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Go-ahead for Namur Law Courts 

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