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Belgium

Home Invest appoints Preben Bruggeman as CEO

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.
Wednesday, 27. March 2024

Marriott and Aroundtown celebrate reopening of Cardo Brussels Hotel

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...
Monday, 25. March 2024

Atenor appoints Caroline Vanderstraeten as CFO

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.
Tuesday, 12. March 2024

Home Invest completes residential project Den Dam

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.
Friday, 8. March 2024

KCAP gets green light for construction of Rinkkaai in Ghent

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.
Wednesday, 21. February 2024

Panattoni enters Belgian market

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.
Tuesday, 13. February 2024

Palmira acquires assets worth €200 million in 2023

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.
Tuesday, 13. February 2024

Catella buys prime Belgian logistics development in forward funding deal

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.
Tuesday, 6. February 2024

Aedifica applies for UK REIT regime

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.
Friday, 2. February 2024

Palmira enters Belgian market with acquisition in Ghent

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.
Wednesday, 24. January 2024

Home Invest Belgium secures long-term bank financing of €160m

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.
Friday, 19. January 2024

Cofinimmo completes several divestments

The Cofinimmo group has completed the divestment of six office buildings in Belgium, for which agreements had already been signed and announced.
Tuesday, 2. January 2024

Mitiska REIM sells 10 retail parks to Partners Group

Mitiska REIM has announced the sale of five Belgian and five Portuguese retail parks to First Retail Partners, a newly established fund backed by Partners Group, acting on behalf of its clients.
Wednesday, 27. December 2023

Cofinimmo divests two office buildings in Mechelen

Cofinimmo Offices signed the notarial deed relating to the granting of a 99-year leasehold right on the office buildings located Stationsstraat 100, 102-108 and 120 in Mechelen (province of Antwerp), the sixth largest city in Flanders with almost 90,000 inhabitants. Built in 2002, the buildings offer approximately 14,000 m² o...
Friday, 22. December 2023

Cofinimmo divests nursing and care home in Zevenbronnen

Cofinimmo has signed a notary deed relating to the granting of a 99-year leasehold right on the nursing and care home Zevenbronnen in Walshoutem. The proceeds amount to approximately € 11 million, including transfer rights (2%). This amount (transfer rights excluded) is in line with the latest fair value (as at 30.09.2023), a...
Monday, 11. December 2023

Van der Valk acquires Radisson Blu Palace Hotel & Spa in Spa

The Radisson Blu Palace Hotel & Spa in the Belgian town of Spa has been acquired by family office Van der Valk, adding to its growing European hotel portfolio. Cushman & Wakefield’s hospitality team advised the vendor on the transaction.
Thursday, 7. December 2023