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

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

76,000 m≤ logistics zone for Zeebruges to be developed by the a Chinese company
The port of Zeebruges, Belgiumís second port after Antwerp, is to see a vast new development by Chinese enterprise the Lingang Group. The agreement with the Chinese will see a brand new service and distribution park in the Maritime Logistic Zone, itself located in the southern inner port of Zeebruges. The investment is reported to be around 85.3 ...
| 10-11-20

Cebeo to build new DC in Tournai
There is set to be a new logistics centre in Tournai. Electrical wholesaler Cebeo has announced that it has reached an agreement with the Intercommunal Development Agency of Tournai, Ath and surrounding an communes, for the purchase of a 12 hectare parcel of land in the Tournai West 3 industrial zone. This is located at Blandain, just ...
| 29-10-20

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

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