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Belgium

Aimbridge Hospitality EMEA signs Aparthotel Adagio Antwerp

Aimbridge Hospitality EMEA has been appointed by Borealis Hotel Group (Borealis) to manage the recently acquired Aparthotel Adagio Antwerp City Center. This will be the second property that the two companies have partnered on in less than a month.
Wednesday, 12. April 2023

Nippon Express expands at Genk Green Logistics

Genk Green Logistics to announce that an additional lease agreement has been signed with international logistics service provider Nippon Express Belgium for a yet-to-be-built warehouse totalling approximately 13.000 m² including office space of approximately 600 m². Completion is scheduled for the first quarter of 2024 and th...
Tuesday, 11. April 2023

Berlin Hyp finances Brussels office portfolio for Tristan

Berlin Hyp is providing a five-year loan of €52.3 million to EPISO 5, a fund managed by Tristan Capital Partners, as an investment loan in relation to an office real estate portfolio. Approximately €9 million of the loan amount will be made available as a green loan – in form of a transformation loan - to be used for the impl...
Wednesday, 5. April 2023

KGAL acquires „Treesquare“ in prime Brussels location

KGAL Investment Management has acquired the “Treesquare” office block in Brussels on behalf of its pan-European real estate fund, KGAL Core 4 Real Estate. The German investment manager purchased the property for the net price of €43.7 million by way of an asset deal. Seller is Belgian real estate investor and developer Nexten...
Tuesday, 4. April 2023

Phicap Group acquires the Belgian activities of MVGM

Phicap Group and MVGM establishes a partnership in which Phicap Group takes over in a first step MVGM’s main mandates in Belgium as well as the operational staff linked to these mandates. This is an actual transferred portfolio made up of 26 properties mainly offices with over 200.000 sqm and held by 11 internationally recogn...
Tuesday, 4. April 2023

Gunther Gielen leaves Intervest

The mandate of Gunther Gielen as CEO with Intervest Offices & Warehouses NV ends in mutual agreement and with immediate effect.
Thursday, 30. March 2023

Patrizia secures Clifford Chance as first tenant at The Louise

Patrizia has announced the signing of Clifford Chance as the first tenant for The Louise, its iconic office re-development in the heart of Brussels. The international law firm has signed a lease for the three top floors of the 24-storey building, spanning 3,150 sq. m., and is expected to move into the landmark office on 1 Jul...
Friday, 17. March 2023

Redevco creates retail warehouse park asset management platform

Redevco has established one of the largest retail warehouse park (RWHP) asset management platforms in Europe with assets under management (AUM) of €4.5 billion. The platform was created by combining the properties of Germany’s redos, in which Redevco acquired a majority stake last year, with its existing retail parks, mainly ...
Tuesday, 14. March 2023

Montea appoints Xavier Van Reeth as Country Director Belgium

As from April, Xavier Van Reeth will join the Montea team as Country Director Belgium. In this role, he will lead the Belgian team that’s responsible for managing existing clients as well as the further growth of the property portfolio in Belgium. As regards managing the existing portfolio, the focus will be on maintaining th...
Monday, 6. March 2023

BNP Paribas snaps up major Belgian healthcare portfolio

BNP Paribas Real Estate Investment Management (BNP Paribas REIM) Belgium, on behalf of Healthcare Property Fund Europe (HPF Europe), has recently acquired from Baltisse Real Estate nv/sa, all the shares of Wombat nv, Residentie De Vlamme nv, Zorgcampus Maasmechelen nv, Anima Vera nv and De Wandelgang nv, holding five healthca...
Monday, 6. March 2023

Alexandrite Monnet Belgian Bidco acquires control of 100% of Befimmo

Alexandrite Monnet Belgian Bidco SA, an entity wholly controlled by one of Brookfield’s real estate private funds, announces today that during the final Additional Acceptance Period, 819,680 shares of Befimmo SA have been tendered to the public takeover offer.
Friday, 6. January 2023

Immobel completes sale of Commerce 46 in Brussels

Immobel has closed the sale of Commerce 46, a BREEAM Outstanding office building located at the heart of the European quarter in Brussels. New owner of the 14,200 m² Commerce 46 is Allianz.
Monday, 19. December 2022

Befimmo appoints new Chief Portfolio Officer

Olivier De Bisscop will officially take up his duties as Chief Portfolio Officer in January 2023. In this capacity, he will have oversight of the Investment, Commercial and Property Management of the existing portfolio.
Friday, 18. November 2022