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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

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

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

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

Acquisition in Luxembourg CBD
There has been another major transaction in the Grand Duchy of Luxembourg. AG Real Estate and its affiliate Mosella Consult have just sold 100% of the shares in Ceryx, owner of the Charlotte building, to a fund managed by GLL Real Estate Partners. This company forms part of Australia-based financial services company Macquarie Group, which has offices in ...
| 26-10-20

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 ...
| 21-10-20

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

German fund buys Ghent's 'The Diamond'
For some time those arriving by train at Gent St. Pieters station have been seeing a curiously shaped building emerging from the ground. This building has now been completed and its name reveals the reason for the unusual shape: ‘The Diamond’. A transaction has just been announced by CBRE, who acted for the seller. Designed by New York City ...
| 08-10-20

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