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Luxembourg market performing well
Luxembourg’s office occupier market, states real estate advisor CBRE in its latest Marketview report, continues to shrug off pandemic concerns with a strong third quarter in terms of take-up. The Luxembourg State was particularly active, closing deals across the country and absorbing some of the largest remaining availabilities. As a result, vacancy declined slightly to a very low 3.2%. ...
| 25-11-20


Silver Tower completed, renamed Iris Tower, and ready for Region
In a further demonstration of the fat that the current covid-19 crisis has not brought business to a total halt, Ghelamco has announced that it has fulfilled its commitments for completion of the Silver Tower within the agreed 18-month time frame. Within the context of its new role – as the administrative centre of the Brussels Capital Region – ...
| 24-11-20


VGP-Allianz JV takes possession of more logistics sites
For the second time in recent days, a major deal has been announced between a logistics developer and an insurance company. Following the Weerts/Ethias transaction at Trilogiport, two 50/50 joint ventures of Belgian real estate developer VGP NV and real estate investment manager Allianz Real Estate have now announced the completion of two acquisitions for a total of ...
| 23-11-20





All-wood office building for Luxembourg
One of the most significant office buildings, while not one of the largest, shortly to become a reality is located in Luxembourg. The 9,500 m² construction is located in Leudelange and will, from 2022, be the future headquarters of Bâloise Assurances Luxembourg Named ‘Wooden’ for obvious reasons, this building is virtually unique among offices in being constructed entirely ...
| 20-11-20


The iconic ‘Boerentoren’ to be the ‘Cuture Tower’ under patronage of Katoen Natie group.
Almost 100 meters tall, and with 26 storeys, the iconic art-déco KBC Tower, popularly known as the Boerentoren, was one of the first European skyscrapers in the early 1930’s. Located in downtown Antwerp at the end of ‘The Meir’ shopping street, the tower now has a new owner – the Katoen Natie Group. Under the patronage of its director ...
| 20-11-20





30,000 m² office sale in Luxembourg
The imoprtant Luxembourg market is continuing to be active during these troubled times. Crystal Park, a 30,000 m² building which was developed by AG Real Estate to house the headquarters of PwC Luxembourg, the sole occupant of the building, has changed hands, moving from AG Real Estate to Société Générale Assurances. The build-to-suit project, which was designed ...
| 19-11-20


More energy and prosperity in the Sablon neighbourhood with the Lebeau project
Over recent years, developer Immobel has successfully revitalised large scale historical sites by converting outdated vacant office buildings into mix-use complexes. Building mainly high quality contemporary apartments while preserving heritage buildings where appropriate. Chambon, in downtown Brussels, was a project of this kind with the historical headquarters of the former Belgian bank CGER at its heart. Another successful project ...
| 18-11-20


Offices preferable to home-working?
In its report entitled ‘Purpose of Place, History and Future of the Office’ (produced in partnership with senior researchers at George Washington University), Cushman & Wakefield starts by reflecting on why we have offices in the first place. History suggests, the report states, that there are four main reasons for organizations to bother to be in offices at ...
| 17-11-20


Weerts Group in major 50/50 joint-venture with Ethias for logistics real estate development
Logistics is always a cornerstone of all economic activity, and has been one of the rare segments to emerge stronger from the current crisis and to benefit from the growth of e-commerce. There is therefore a great deal of logic behind an agreement between an investor (insurance company Ethias) and a logistics developer (Weerts Group).

Ethias, just a ...
| 16-11-20






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