Our activities in Belgium
Overview
- Offices
- Residential
- Landbanking
Market Analysis
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Offices
- Office demand increases more than 30% year-over-year
- Brussels demand driven by the Belgian public sector and let action from corporates
- New space leasing well in Antwerp
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Residential
- Population, income growth and low interest rates support increasing transaction prices
- Larger regional cities experience strong recent price growth
- Typical apartment exit values in Brussels range from 2,200 EUR/m² to 4,000 EUR/m²
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Landbanking
- 30% more apartments in 10 years
- 1 out 4 housing units is an apartment
- Building permits increased by 18.1%
Our projects in 2016
Offices
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MÖBIUS - Brussels
- Negotiations for the sale to an owner-occupier subject to the condition precedent of obtaining the permit
- Negotiations finalised on 12 September 2016 still subject to the conditions precedent of obtaining the permit
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BLACK PEARL - Brussels
- Rental (usufruct) to the European Commission
- Work of first installations
- Sale to REAL I.S.
- Occupation by the European Commission
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CHAMBON - Brussels
- Offices: sale and delivery of Carmen and provisional sales agreement on the Beyaert building
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GATEWAY - Zaventem
- Construction completed – provisional reception in December 2016
- Building totally let to Deloitte for a fixed 18-year period
- Sold to Befimmo
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BELAIR RAC 2 - Brussels
- Rental for a fixed 18-year period to the Brussels Capital Region
- Sale of all shares of RAC 2 SA to REAL I.S.
Residential
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BELLA VITA - Waterloo
- Inauguration of the site
- Residential: first occupants moved in; 265 units out of 269 sold
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RIVERVIEW - Nieuwpoort
- Sale of 70% of the units and marketing still underway
- Delivery scheduled for end of summer 2017
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CHAMBON - Brussels
- Hotel: opening of the easyHotel
- Residential: delivery of Orfeo & Tosca; 2 lofts still to be sold
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ERNEST - Ixelles
- Phase 1: Delivery underway
Residential: student and senior housing: 100% of the units sold and delivered (2015);
Apartments: more than 90% of the units sold, marketing underway - Phase 2: Residential: awaiting permit expected in Q1 2017, favourable discussions in March 2016, pre-selling underway;
Hotel: sale – provisional sales contract signed in January 2017 (agreement in December 2016); Awaiting the necessary verifications (subject to a suspensive permit clause), permit expected Q2 2017
- Phase 1: Delivery underway
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BELAIR RAC 4 - Brussels
- New partner: Minerva and Skyline group replacing BREEVAST
- Permit request lodged
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O’SEA - Oostende
- Phase 1: Start of marketing in August following granting of permit for 19,000 m² of O’Sea Charme
- Sale of 18 residential units
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PARC SENY - Auderghem
- Management of several appeals against the planning permit and presentation of a modified project with a new architectural bureau (Archi 2000)
- Lodging and obtention of a modified planning and environmental permit request
- Start of demolition works
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LAKE FRONT - Knokke-Heist
- Phase 1: start of delivery in November 2016
- Phase 2: start of construction works in May 2016; sale of 72% of the units
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ROYAL LOUISE - Brussels
- Permit request lodged in January 2016
- Modified plans presented in December 2016
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GREENHILL PARK - Woluwé-Saint-Pierre
- Permit granting procedure underway
- Commercialization started in December: 4 units or a level of 8% sold
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CHIEN VERT - Woluwé-Saint-Pierre
- Planning permit obtained and modified permit request lodged
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ÎLOT SAINT-ROCH - Nivelles
- Pre-project underway
- Preliminary public information meeting on November 29th 2016
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PARC SAINTE-ANNE - Auderghem
- Construction work started
- Marketing underway: 16 units sold out of 26
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3 RUISSEAUX AND GRAND PRÉ RESIDENCES - Chastre
- Sale of all the apartments except one on the ground floor of the Trois Ruisseaux residence
- Definitive reception of the common and private areas formalised in December
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RÉSIDENCE GEORGE GRARD - Oostduinkerke
- Construction and sales ongoing
- Building covered and partially closed at the end of 2016
- 7 apartments sold out of 23
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CLOS BOURGEOIS - Berchem-Sainte-Agathe
- 63 apartments sold out of 78
- Provisional reception of the sold apartments and common areas
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DUINENZICHT - Bredene
- All apartments sold (49 units)
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DOMAINE DES VALLÉES - Grez-Doiceau
- First 65 notarial deeds signed
- Phase 1 (residential): 116 units sold out of 169
- Works on infrastructure and buildings continuing (houses and apartments) at a good pace
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CLOS DE LA CHARMERAIE - Brussels
- Phase 1: 3 houses and 1 apartment sold
- Phases 2 and 3 of development sold on to a builder
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VESALIUS - Leuven
- Sale of more than 85% of the units
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‘T ZOUT - Kosijde
- Waiting for the building permit
- Finalization of the building permit file (architecture, authorizations,…)
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LEBEAU - Brussels
- Sketches and conceptualization in progress for the definition of the program
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UNIVERSALIS PARK - Brussels
- Start of commercialization Q4 2016
- Planning permission obtained to build a first phase of 140 units on lot 3
- Planning permission to subdivide the first phase in 161 units is expected for Q1 2017
- Work in progress since Q2 2016
- The permit has been the subject of an action for annulment
- Planning permission to subdivide lot 2 is pending and expected for Q4 2017
- Planning permission application filed to an urban planning permit for the central park of lot 3
- The new draft of the PPAS initiated by the Commune of Ixelles should be approved in the first half of 2018
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KONINGSLAAN - Knokke-Heist
- Signature of an agreement at the end of 2016 between AGSO Knokke and the neighbour who benefited from a right of use
- Signature of the first acquisition contract for part of the site
- Optimization of the plans and preparation of the permit request dossier
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FLINT - Leuven
- Reception of the common and privative parts in August and September
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VAARTKOM - Leuven
- Acquisition of the project
- Negotiations with the operator for residential services
- Negotiations with a buyer-occupant for the offices
Landbanking
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VERGER DE FAYENBOIS - Grivegnée
- End of infrastructure works at the end of the year and provisional reception obtained
- Signature for the sale of the first 19 lots of which 10 notarial deeds
- Conventions signed with builders for 51 lots
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GINGELOM - Limbourg
- End of infrastructure works and provisional reception obtained in May
- Sales agreements for first 4 lots signed
- Modified building permit request lodged in order to make use of parts of the extra lots
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MIDDELKERKE - West Flanders
- Start of infrastructures works after completion of archaeological research
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WAREMME - Liège
- Excellent sales year : 19 agreements signed
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GEEL - Anvers
- 14 sales deeds enacted and 5 provisional agreements signed
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EGHEZÉE - Namur
- A great deal of interest for this new parcel:18 sales completed
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LONTZEN - Liège
- Marketing of 9 lots
- Definitive reception of the roadways
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WAVRE 5 SAPINS - Wavre
- Two permits granted
- Programming of the infrastructure works for the spring
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SEILLES BELLE VUE - Andenne
- Worksite finished at the beginning of the year
- Marketing of 13 lots
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ASSE - Asse
- Infrastructure works
- Pre-sale of 14 parcels to a builder
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SOIGNIES - Soignies
- Marketing of 11 lots : 2 contracts concluded and 9 reservations signed
- Provisional reception of the roadways in November 2016