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The changing scene in Flemish retailing
Real estate advisor JLL has analysed the retail real estate market in Flanders over the first three quarters of the year. It finds that while overall activity is (unsurprisingly) down there is nevertheless some investment and the likelihood of new arrivals on the scene. Our previous report into retail looked at some trends.

The first three quarters of 2020 ...
| 23-10-20

Further office-to-residential conversion at Marcel Thiry
Architects DDS+ have announced the start of works on an office-to-residential conversion project on the Avenue Marcel Thiry, named Woluwe Valley, on behalf of project manager Urbicoon. This avenue in Woluwe-Saint-Lambert grew into an office location in its own right some years ago, but these buildings no longer respond to modern office requirements, and conversion to residential use ...
| 22-10-20

Brussels office market still active but declining
Real estate advisor BNP Paribas Real Estate has released figures for the third quarter office market in Brussels and the situation year to date (end September).

It finds that leasing activity ended the period with a take-up volume of 58,400 m² bringing the year-to-date volume to 241,000 m². Although third quarter take-up was 40% below the quarterly average, the year ...
| 21-10-20

Karel de Groote college marks start of Meir upgrading
Plans to build a new campus for the Karel de Groote college in Antwerp are progressing quickly. The campus itself will be located on the Meir, which is not only the nerve centre of Antwerp retailing, but one of the two most frequented high streets in Belgium, along with the Rue Neuve in Brussels. Following what is described as ...
| 20-10-20

Legal sector offices in the post-covid era
One of those sectors which have always relied heavily on personal contact is the legal sector, well represented in Brussels. Real estate advisor CBRE has conducted an on-line interview among law firms and experts across Europe, including Brussels, to see how they envisage the future of their professional interactions and office use in the light of covid-19. ...
| 19-10-20

Regenerate the Belgrade district around Namur
A project to regenerate the Belgrade district at the north-west entry to Namur is progressing further. Namur-based developer Actibel has made it known that it is intending to lodge a permit request for phase one of the works at the end of the first quarter of 2021. This will be for the construction of 75 residential units, 3,300 m² ...
| 16-10-20

Logistics still thriving in Flanders
The logistics sector has been the subject of much speculation during the covid-19 crisis. As we reported earlier* in the year, this market has been relatively spared by the crisis. Now JLL has produced an updated report on the situation of the logistics and industrial sector in Flanders. It finds that during what is an uncertain period for consumers, ...
| 15-10-20

Plug-and-play retail property for a start for creative entrepreneurs
As retailing gets to grips with the need to transform the way it operates, a new concept being tried in Flanders has just seen another opening. Following Bruges Ghent, Turnhout and Genk, ‘The Box’ has just opened another unit in Hasselt. The 'box' concept translates as a turnkey commercial property where creative entrepreneurs wishing to start up can ...
| 14-10-20

Bridge City details announced.
One of the forthcoming projects of citydev.brussels involves a former industrial site located on the Rue Navez at the border between Brussels City and Schaerbeek. The site was acquired four years ago and will be transformed into a business centre, residential accommodation and retailing. Named ‘Bridge City’ it fits into the ‘Masui’ district contract which schedules the evolution of ...
| 13-10-20

Managing Partner / Real Estate & Finance
| 23-10-20
Head of Capital Markets in Real Estate Investments
| 21-10-20
Advisor Real Estate Prospection
| 19-10-20

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