Immobel busy despite crisis
Immobel reports that it results for the first half of 2020 have been impacted by covid-19, but that its business model remains resilient. With a large amount of projects at the permit request stage, Immobel says it is well positioned to continue on its growth path. An overview first half-year financial figures shows that they have been mainly ...
| 29-09-20
Residential property market dynamics
The Deloitte Property Index is an annual publication which looks at all major European housing markets. With residential property now having become a mainstream asst class for major players, this data therefore takes on more significance. The report is based on 2019 figures, but takes a slight look forwards at the effect of the pandemic, of course.
Firstly, in ...
| 28-09-20
HIB on an upward path
Housing Invest Belgium has revealed in its half yearly report that during the first part of the year (to June 30) there was an increase in the fair value of the real estate portfolio to € 636.05 million. Its investment properties available for rent consist, to the tune of 89.2%, of residential real estate and 66,2% of the investment ...
| 28-09-20
Coliving on the rise in Brussels
Real estate developer Cohabs is preparing to carry out the largest coliving project to date in Belgium: 4,000 m² located in the magnificent Passage du Nord in Brussels. A 70-meter-long gallery which forms the liaison between the Rue Neuve and the Place de Brouckère. It represents an investment of 4 million Euros and will see 64 rooms divided into ...
| 28-09-20
City Dox nearer to completion
There has been another development within the major City Dox project, itself part of the even more major redevelopment plan for the entire canal zone. Developer Atenor (via its company Immobilière de la Petite Ile) in collaboration with the bouwmeester and the local authorities, has announced that the consortium to construct the last phase of the project has ...
| 24-09-20
The real estate portfolio of the Walloon Region goes on a diet
With Jean-Luc Crucke at the helm, the Walloon region is to centralize and bring together its workforce in a smaller number of buildings. Around twenty buildings are being put up for sale, the majority of which are in Namur and Jambes. L’Echo publishes a detailed but not exhaustive list in its report. The sale also involves a new ...
| 24-09-20
First Radisson Collection hotel opening in Brussels
The crisis afflicting the hotel trade has not put a stop to long term plans, as a recent reopening shows. The former Radisson Blu Royal hotel close to the Grand’Place was long considered as perhaps the very best hotel in Brussels. Now, despite the ongoing covid crisis, the Radisson Hotel Group has announced the opening of this hotel as ...
