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Final piece of 'Au Fil des Grands Prés' sold
Developer Atenor has reached an agreement with regional public transport company TEC Hainaut for the sale of the last remaining office building at the Au Fil des Grands Prés project in Mons. The scheme dates back to August 2012 when Atenor acquired two parcels of land alongside the future ‘Calatrava’ station district, near the centre of Mons. The construction ...
| 17-06-20

Altitude complex sold in Luxembourg
There has been another major transaction on the Luxembourg real estate market, which was recently described as being iin good health. Consultant CBRE has advised Belgian real estate developer Codic, and Luxembourg developer Tralux Immobilier, in the sale of their joint development, the Altitude complex located in Leudelange, to a French institutional group. This group has thus acquired ...
| 16-06-20

Cofinimmo acquires six Flemish care homes
The healthcare sector continues to be of great interest to the major players in real estate. As a further example of this, Cofinimmo has just announced that on June 10th it signed an agreement for the acquisition of six healthcare sites in Belgium through contributions in kind of the shares of six companies. The conventional value of the ...
| 15-06-20

Go-ahead for Namur Law Courts
The Council of Ministers has just given its approval to designate a contractor for the construction of the new law courts building in Namur. The construction of this facility will be in the form of a public-private partnership, and the private element is made up of AG Real Estate, CIT Blaton and BPC (CFE group.) Once the contractors ...
| 12-06-20

Real estate transactions down 15% but positive signs of recovery
The Federation of Notaries has released figures showing that between January 1st and now, there have been 15% fewer real estate transactions. The lockdown, which made it impossible to sign notarial deeds or to continue to visit real estate properties, is the main cause of this.

Since mid May, real estate agents have been reporting positive signs of recovery, ...
| 12-06-20

The future Red Cross coordination centre to be constructed in Namur
In 2023, the Red Cross will relocate part of its troops to Namur, on the Boulevard Ernest Mélot, a stone’s throw from the station. This future coordination centre will be installed in a brand new building. Three of the departments, currently spread between Brussels and Wallonia, will thus be brought together: the coordination of operational activities in aid, social ...
| 12-06-20

UPSI calls for VAT reduction on new housing
Along with other sectors such as the café and restaurant trade, the residential real estate sector has now asked the government to reduce VAT on part of the cost of new housing, from 21% to 6%. This request has been formulated by professional real estate association UPSI, which sees the move as a way of kick-starting the market following ...
| 11-06-20

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Go-ahead for Namur Law Courts 

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