Belgium

The Finnish Embassy has extended its lease of 5,000 square metres of offices in „Le Corrège“ on Avenue Cortenbergh in Brussels. Under the new lease, the embassy will remain in the building until 2040.

Altaal has signed a 9-year lease contract with SONY at its office and lab property, Omega Court in Brussels. The lease comprises lab space of approximately 1,250 sqm as well as an additional 1,230 sqm office space.

Phicap Group has acquired activities and commercial contracts of RPhi Management by its subsidiary Phicap Project. This strategic transaction further bolsters the expertise of Phicap Group in the education sector, demonstrating the group's one-stop-shop position in property management services as well as in the various catego...

Home Invest Belgium has sold two non-strategic properties for a net sales price of € 6.6 million.

Montea is increasingly focusing on major cities to develop new city-hubs, aiming to make the last mile as sustainable as possible. The developer is currently building a new distribution center comprising two units at the large Blue Gate industrial site in Antwerp, one for logistics company Herfurth and the other for fashion g...

The Board of Directors of Home Invest Belgium SA/NV has appointed Mr Preben Bruggeman as Chief Executive Officer, subject to the approval of the FSMA. The appointment of Bruggeman as executive director will be presented during the next general shareholders’ meeting, subject to the approval of the FSMA.

Following an extensive renovation of the building, the Cardo Brussels Hotel, Autograph Collection by Marriott will open in the heart of Brussels. The hotel property is part of Aroundtown's portfolio. The renovation has significantly improved the attractiveness of the hotel and the stay for guests, making it an exceptional des...

Atenor (BSE: ATEB) announces that its Board of Directors has approved the appointment of Twigami SRL, represented by Caroline Vanderstraeten to the position of CFO and as a member of Atenor’s Executive Committee, with effect as of 2 April 2024.

Home Invest Belgium has delivered Den Dam residential project in Antwerp. The project consists of 37 residential units with a contemporary and sustainable design that perfectly meets the needs of the rental market.

KCAP gets green light for the construction of Rinkkaai in Ghent. Rinkkaai is a urban housing development next to Ghent's central train station, set within a kilometre long park-like setting created from a former industrial site—which is also connected to nearby recreation area by a new bridge, which spans the river Leie.

Panattoni is expanding its operations in Europe by entering the Belgian market. The developer has appointed Jeroen Gerritsen as General Manager, Belgium, to lead the new business. The launch in Belgium is a logical strategic step for Panattoni.

Palmira acquired assets for a total of €200 million as part of its acquisition strategy in 2023. These included, for example, the Ikaruspark in Puchheim and the Science Park in Trier. The letting result of 215,000 m² is also impressive.

The Catella Logistics Germany Plus Fund (CLD+) has acquired a prime logistics development of around 26,600 sqm gross lettable area through a forward-funding deal. The asset has strong sustainability credentials and is located in Maasmechelen in the eastern Belgian province of Limburg.

Aedifica wants to optimise its investments in the United Kingdom through a UK REIT status. Thus, the company has transferred its real estate activities in the UK, Jersey and the Isle of Man to the recently incorporated AED UK Holdings Ltd. The new company will be a non-listed UK REIT with effect from 1 February 2024.

Home Invest Belgium has reached an agreement to sell the City Gardens building in Leuven for a net sales price of €34.0 million.

Palmira Capital Partners has made another investment for the European Core Logistics Fund (ECLF) with a logistics center in Ghent. This is ECLF's first acquisition in Belgium. The seller is MG Real Estate N.V. It was agreed not to disclose the purchase price.

Vastned Belgium refinanced the credit lines worth € 125.0 million.

Home Invest Belgium completed a financing operation totalling €160 million. The financing was concluded with four banking institutions: Belfius Bank, BNP Paribas Fortis, KBC Bank, and Argenta Spaarbank. The financings have maturities between 5 and 8 years.