Val Benoît receives green light
A major residential scheme in Liège has taken a further step forward. The City of Liège has just given its approval to continue with the transformation of the former Mechanical Institute at Val Benoît. This will accommodate 232 residential unit destined for university and post-graduate students.
Investment fund SOGEPA, specializing in assisting Walloon firms in redeployment projects, is taking ...
Pandemic reinforces offices short lease trend
A new report by real estate advisor JLL focuses on a trend which was becoming apparent before Covid-19, and is strengthening because of it. While the report does not specifically involve Belgium, it is wide-ranging and its conclusions are likely to apply to all major office markets.
The subject of this report is that office leases are getting shorter. In ...
Charleroi station district to be transformed
A certain amount of updated information has been given about the refurbishment of the area in front of Charleroi station. This will involve a zone eventually to become 100% pedestrian, along with the platforms, the bus station and the metro.
In charge of the masterplan, MSA Architects say that the refurbishment plan will upgrade the Place Albert I, which will ...
Semi-industrial and logistics - first quarter results
Broker JLL has produced a report showing the performance of the strategic semi-industrial and logistics market in Belgium during the first quarter of this year, and thus just before the Covid 19 crisis took a real hold.
It finds that at the end of March 2020, industrial & logistics take-up volume reached 424,000 m², in line with the 5-year average ...
New district to be developed in Luxembourg
A major new urban development has been announced for Luxembourg. The Capelli group has signed a memorandum of investment with Baltisse, the family investment fund of the Balcaen family, to construct a mixed use complex.
Located very close to the Gasperich district and therefore to the largest shopping centre in Luxembourg, and not far from the Cloche d’Or, the project ...
Increased security for Ghent courts
Having recently explained how it is using recycled energy for the Royal Palace at Laeken, the state buildings agency (Régie des Bâtiments) has now given details of how it is adding extra security to the various law courts under its management.
Following on from installations already in place in the law courts of Brussels, Antwerp and Charleroi, that of ...
Ixelles barracks gradually becoming Usquare
Mid-July the Brussels Region agreed on the PAD – Plan d’Aménagement Directeur or Ground Use Masterplan – defining the transformation plans for the 3.9 hectare site of the former Ixelles barracks and now known as usquare.brussels. Highly visible along the Boulevard Général Jacques in the vicinity of the ULB and VUB universities, the site is ideally located ...
More rehabilitation for Molenbeek
One of the latest residential developments in Brussels is located close to the canal in Molenbeek. Developed by Home Invest Belgium (HIB), the complex is called ‘The Factory’ and comprises 93 units. Designed to accommodate households of all sizes, these units are made up of 12 studios, 22 one-bed apartments, 39 2-bed apartments, 18 3-bed apartments and 2 4-bed ...