Belgium

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

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.

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...

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...

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.

ION Residential Platform (IRP) acquires, from AG Real Estate, 100% of the shares of SRB-Invest, the company owning the Beukenhof (Kalmthout) and Brugse Vaart (Ghent) care homes. The residences offer a combined 294 care beds and 20 assisted living units and are operated by Vulpia, an established Belgian operator.

Mitiska REIM has opened a new self storage facility in the Belgian city of Roeselare, in partnership with Storo.

Mitiska REIM has today announced that fundraising for its third flagship fund, Mitiska European Real Estate Partners 3 (MEREP 3), has now reached €168 million. The fund has already closed three investments since the beginning of this year, representing a third of capital raised so far.

Montea ihas appointed Liora Kern as Chief Marketing & Communications Officer. Kern will have a critical role in achieving the firm's strategic goals. She will support Montea’s growth across its four countries by raising brand awareness and enhancing visibility, as well as optimizing corporate communication. Kern will be a mem...

Rhys Zownir has been appointed as Head of Sales UK & BeNeLux at Drooms, effective as of July 2023. In his role he will be responsible for driving growth and boosting Drooms' market presence in these regions.

Victrix, the family holding of Virginie Saverys, is investing €40 million through the property developer Revive. €10 million of which will go immediately to the new investment fund „Revive Impact Fund“. Property developer Revive aims to raise up to €300 million from institutional investors through a private placement, and wit...

The Urban Land Institute (ULI) has announced six finalists in the 2023 ULI Europe Awards for Excellence, which recognise exemplar built environment projects in the private, public, and non-profit sectors.

MEAG acting on behalf of a special real estate fund designed for institutional investors acquires all the shares of AGRE Office Invest II holding the prestigious City Center building from AG Real Estate acting on behalf of AG Insurance.

Aedifica has completed 9 development projects from the company’s investment programme in Q2 2023. The total investment amounts to approx. €53.5 million with an added capacity of 268 residents and 448 children. The properties with a diversified tenant pool of experienced private and public operators are located in Belgium, the...

Borealis Hotel Group (BHG) is proud to announce the opening on 4 July 2023 of the newly built Aparthotel Adagio Antwerp City Center.

On 17 May and 14 June, Atenor announced a series of measures adapted to the situation on the real estate markets. After recently concluding a successful partnership with BESIX RED for the “WELLBE” project in Lisbon, the company concluded another partnership for a project in Luxembourg and sold its participation in a project i...

According to Savills latest European Logistics Outlook, industrial investment volumes, which totalled €5.1bn, declined by 49% QoQ and by 73% compared to Q1 2022, which was notably a record high. Compared to the same period last year on a country-by-country, The Czech Republic (-3%), Ireland (-29%) and Portugal (-45%) recorded...

Home Invest Belgium has completed the residential project Niefhout in Turnhout. The project consists of 92 apartments and a large public meeting space. This new built with an energy label A fits perfectly in Home Invest Belgium's sustainability objectives.