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» Chronological View: " Belgium " «

Leasinvest acquires office building Montoyer 14 in Brussels

On 14 September 2018 Leasinvest Real Estate signed a binding agreement with the fund Next Estate Income Fund (“NEIF”), managed by BNP Paribas REIM Luxembourg, relating to the acquisition of 100% of the shares of the company NEIF Montoyer SPRL, holding a leasehold with a remaining duration of 94 years on the office building Mo...
Monday, 17. September 2018

Radisson Blu opens in Bruges

Radisson Blu to announce its latest hotel opening in the historic city of Bruges, called the Venice of the North. This stunning 109-room hotel is located in a UNESCO World Heritage City, within walking distance of the Grand Place, the medieval city center (De Markt) that dates back to the 12th century.
Thursday, 13. September 2018

CBRE GI acquires logistics portfolio from MG Real Estate

CBRE Global Investors has acquired three prime logistics assets on behalf of the CBRE Logistics Venture from MG Real Estate, and the transaction was sourced off-market. The new acquired assets currently have a total of 59,220 sqm GLA, and include two potential future developments totalling an additional 77,328 sqm. Once final...
Wednesday, 29. August 2018

European logistics yield falls below 6% for first time on record

The overall European logistics yield dropped 14 bps to 5.95% in Q2 2018, the first time it has fallen below 6% since Cushman & Wakefield began consistently tracking the three main property sectors in 1992, according to the firm’s DNA of Real Estate report. All logistics markets monitored in Germany, Italy and Sweden recorded ...
Tuesday, 21. August 2018

Frankfurt top city in new index for hotel investors

Frankfurt, the eurozone financial capital, is the stronger performer of the 20 cities surveyed for the full year’s results of the Hosted Accommodation Investment Returns Index (HAIRI). The West German city showed both strong Capital Return Index rankings and strong Income Return Index rankings giving it a double-digit Total R...
Wednesday, 15. August 2018

Cofinimmo's Executive Committee gets two new members

On 26.07.2018, Cofinimmo’s Board of Directors appointed Sébastien Berden and Yeliz Bicici as members of the Executive Committee, subject to approval by the FSMA. As from 01.08.2018, Berden will be Chief Operating Officer Healthcare. He will be responsible for the Business Development, Asset Management and Property Management ...
Friday, 27. July 2018

Patrizia acquires €90m Brussels office asset

Patrizia Immobilien AG has acquired an office building in Brussels for €90m on behalf of a Swiss institutional investor. Located in the Belgian capital’s CBD, the property has a gross lettable area of 17,237 sq m and is 98% let to the European Commission with a WALT of greater than 10 years.
Wednesday, 25. July 2018

Aedifica completes sale of the apartment buildings segment

As previously announced , Aedifica is preparing to transfer its branch of activities “the apartment buildings segment” into a new subsidiary, Immobe SA/NV. Effective 1 July 2018, Immobe is authorised by the FSMA as an Institutional Regulated Real Estate Company (“IRREC”) under Belgian law. Aedifica believes that the transfer ...
Monday, 23. July 2018

Home Invest Belgium makes new acquisition in the apart-hotel sector

On June 27th 2018, Home Invest Belgium has signed an agreement (under conditions precedent) for the takeover of the company BE Real Estate S.A., owner of four apart-hotel buildings in Brussels. Apart-hotels propose the rental of furnished apartments combined with the services of a hotel (reception, cleaning, laundry, etc.). ...
Monday, 9. July 2018

Cording acquires two office properties in Brussels

Cording Real Estate Group has acquired two office properties in Brussels for its Benelux Commercial Real Estate fund. The first, LOI 82, an eight-storey building situated at Rue de la Loi 82, provides around 5,300 sq m of office space, which is fully let to international tenants. The strategic location of Loi 82, in the heart...
Wednesday, 4. July 2018

Eurocommercial Properties to start trading on Euronext Brussels

Shortnews Eurocommercial Properties N.V. announced it will commence trading today on Euronext Brussels via a secondary listing. Jeremy Lewis, Eurocommercial’s Chief Executive Officer, will mark the occasion by ringing the bell in Brussels to open the markets. The investment company first announced its intention for a secondary listing ...
Wednesday, 27. June 2018

Radisson Hospitality signs new Radisson Blue Hotel deal

Radisson Hospitality AB has signed a deal to open new Radisson Blu Hotel in Bruge. With the signing, the group extends its portfolio in the country to now include 15 hotels in operation and under development. Radisson Blu Hotel, Bruges is located in the city’s historical city center The Markt. The hotel is close to Central St...
Monday, 25. June 2018

Eurocommercial Properties applies for listing on Euronext Brussels

Eurocommercial Properties N.V. has applied to Euronext Brussels for a secondary listing as part of its long-term commitment to the Belgian real estate market. The listing is expected to become effective on 27 June 2018. The company will not issue any new shares and will retain its primary listing on Euronext Amsterdam, where ...
Monday, 25. June 2018

Intervest welcomes new tenants Greenhouse BXL and Mechelen Campus

Intervest recently concluded new lease agreements for 11.500 sq metres of its office portfolio, increasing the office portfolio occupancy rate from 76% to 82% as a result. This increases the total occupancy rate of Intervest’s real estate portfolio by 3% to 89%. The new tenants will be situated primarily at Greenhouse BXL and...
Thursday, 21. June 2018

AG Real Estate appoints Xavier Denis as Chief Development Officer

AG Real Estate has appointed Xavier Denis as Chief Development Officer, member of the Management Committee and director of AG Real Estate S.A. Denis has been Chief Operating Officer, member of the Management Committee and Executive Director at Cofinimmo since 2011. He had joined Cofinimmo in 2002 as Head of Project Developmen...
Wednesday, 13. June 2018

Real I.S. launches BGV VIII Europa fund

Real I.S. is launching the company’s new real estate special AIF, Real I.S. BGV VIII Europe. With the new fund, the company is thus continuing its successful series of Bayerische Grundvermögen (BGV) funds. The initial target volume of the diversified special AIF is around one billion euros. The fund will focus on investments ...
Tuesday, 12. June 2018