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» Chronological View: " Belgium " «

Aedifica CFO Jean Kotarakos starts at Cofinimmo

During its meeting of 29 March 2018, the board of directors of Aedifica NV/SA was informed that Jean Kotarakos, CFO and Director, resigns from all his functions within the Aedifica group. He will leave Aedifica as of 31 May 2018 to start at Cofinimmo as CFO. He will join the Brussel-based company on 9th July 2018 at the very ...
Wednesday, 4. April 2018

Montea signs new transactions in Belgium and France

Montea announced two lettings in Belgium and one in France. In Belgium, the lettings are transacted at the Brussels Airport and in Ghent. Furthermore, the investment company signed a lease agreement in the French city Lesquin.
Tuesday, 13. March 2018

Eurocommercial completed purchase of Woluwe shopping centre in Brussels

Eurocommercial Properties N.V. has completed its purchase of the Woluwe shopping centre in Brussels , thus adding a fourth country and another high-quality retail asset to its €4 billion portfolio. Woluwe attracts 6.5 million visitors each year and is the best-known shopping centre in Brussels. It is situated in Woluwe-Saint-...
Tuesday, 6. March 2018

66 % of office space in the Belliard 40 building let

(Re)construction works on the Belliard 40 office building are drawing to an end. The building is located at the corner of Rue Belliardstraat and Rue de la Science/Wetenschapsstraat, at the heart of the European district in Brussels. It offers 18,753 m² of office space, 202 m² of retail space and 17 apartments. Its bold archit...
Thursday, 1. March 2018

Besix builds 60,000 m² of offices in the heart of Brussels

Besix was recently awarded the contract to build 60,000 m² of offices in the quadrilateral formed by Boulevards Baudouin and Albert II, Chaussée d'Anvers and Rue Orban in Brussels, where the „Noordbuilding“ still rises up today. This project, named „Quatuor“, is being carried out for Befimmo. The design is the work of the arc...
Monday, 26. February 2018

Cofinimmo grants a 99-year leasehold on the Egmont I & II

Cofinimmo and Egmont Luxemburg Sarl signed a private agreement by which the latter is granted, under certain conditions in line with market practices, a 99-year leasehold on the Egmont I and II office buildings, located in Brussels. This will result in the payment to Cofinimmo of a first fee of €369.54 million and an annual a...
Wednesday, 14. February 2018

BMO REP invests €60 million in the Benelux

BMO Real Estate Partners (BMO REP) has acquired two prime high street retail properties in Amsterdam and Brussels for a combined €60 million, on behalf of its pan-European retail property investment fund. The fund focuses on selective, high-quality retail investment opportunities in prime shopping streets within major Europea...
Tuesday, 6. February 2018

Leasinvest realizes three new lease agreements

End 2017 Leasinvest Real Estate realized the further extension of an indirect investment in the Grand Duchy of Luxembourg and leased 100% of the Mercator building in Luxembourg and 25% of the office building under construction Treesquare in Brussels. The extension of the Frun Retail Park Asten in Austria that will soon be del...
Monday, 29. January 2018

Tristan Long-Life fund makes Belgium debut

The CCP 5 ‘Long-Life’ core-plus fund, advised by pan-European real estate investment manager Tristan Capital Partners, in a joint venture with Rynda Property Investors, has purchased Espace Rolin, a fully-let 19,839 m² office building located on the fringe of the Leopold Quarter in Brussels’ decentralised business district. T...
Tuesday, 23. January 2018

Eurocommercial signs contract to purchase Woluwe shopping centre in Brussels

Eurocommercial Properties N.V. has signed a binding contract to purchase the Woluwe shopping centre situated in the municipality of Woluwe-Saint-Lambert in Brussels. The announcement follows a period of exclusivity which started in October 2017 , during which the company and its advisors conducted detailed due diligence on th...
Monday, 22. January 2018

Intervest purchases logistics site in Brussels

Intervest Offices & Warehouses has acquired a logistics site of 26.000 m² in the Brussels periphery for € 13,8 million with a view to a complete redevelopment in 2020. With the acquisition of this logistics site, the investor continues to expand its logistics real estate portfolio.
Thursday, 11. January 2018

Intervest Offices & Warehouses attracts first tenant in Greenhouse Bxl

Cazimir, a team of specialised lawyers who help wealthy families and entrepreneurs with questions on legal matters and concerns regarding their assets, has opted for Greenhouse Bxl as its new office location near Brussels. As from October 2018, Cazimir will lease an office surface area of 700 m² for a fixed period of 9 years.
Wednesday, 10. January 2018

Reinoud Plantenga to head Warburg-HIH Invest Benelux company

Reinoud J. Plantenga (MRICS) will be joining Warburg-HIH Invest Real Estate (Warburg-HIH Invest) as of the beginning of the year. The 45 year-old real estate expert will be a Managing Director of the fully-owned subsidiary for investments in the Benelux countries.
Monday, 8. January 2018

Befimmo acquires Arts 56 building in Brussels

AXA Belgium and Befimmo have entered into agreements, subject to conditions, on the acquisition by Befimmo of a right in rem to a 99-year leasehold on the Arts 56 building, for an amount of the order of €116 million, in line with the fair value determined by an independent real-estate expert. The deed of sale of the leasehold...
Friday, 5. January 2018

Pandox divests retail property in Brussels

Pandox has entered into an agreement to divest a retail property linked to The Hotel Brussels, for approximately €34 million, to a discretionary real estate fund managed by BMO Real Estate Partners. The divestment of the property is expected to have a positive effect on EPRA NAV of approximately €4 million (corresponding to t...
Tuesday, 2. January 2018