Number 18 - October 2015 

Leasinvest appoints CBRE to manage Belgian property portfolio
There has been a significant transaction in the property management domain. CBRE has been appointed by Leasinvest Real Estate SCA to manage its real estate portfolio in Belgium covering a combined area of 250,000 sq m. Gaétan Clermont, CEO CBRE Belgium, Luxemburg and Switzerland states it is their priority to provide a truly joined up service across all of Leasinvest’s assets to maximise each to its potential. Following a competitive tender, CBRE will manage and support Leasinvest in maximising the value of each of the 36 buildings in 14 different locations.

Immobel and Allfin not to merge after all
A probable top-level merger in the real estate world did, in the end, not take place. Although a full merger between Allfin and Immobel was a clear possibility, Immobel decided that it did not wish the merger to take place. According to Allfin CEO Marnix Galle, who also became chairman of the board of Immobel, everything was not in place for a merger to be a success. Allfin did acquire shares in the company, but a fraction under 30% so it wouldn’t be legally obligated to make a public offering for the whole company. A significant change is taking place within Immobel nevertheless, with the resignation of its CEO Gaëtan Piret, who has been with the company for 25 years. The resignation will be operational in December.

New transport lines to boost real estate market
The effect that mobility – or the lack of it – has on the real estate market has been highlighted by JLL during the recent ‘Mobility Week’ in mid-September. The real estate advisor pointed out that this phenomenon has already led to the growing popularity of office districts which have good access by both public transport and car. In particular, JLL evoked the imminent opening of the infamous Josaphat-Schuman tunnel, which from this December will bring Brussels Airport within 13 minutes of the European district, less than half the time it currently takes.
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Merger between C&W and DTZ creates world number three
A huge merger has taken place in the real estate brokerage world: Cushman & Wakefield and DTZ have come together to create a worldwide company with turnover of some 5 billion dollars, and a workforce of 43,000. The new company will trade under the Cushman & Wakefield name, with a new logo. In the EMEA region which includes Belgium, there will be 5,000 members of staff in 40 countries, under the leadership of de John Forrester, Chief Executive Officer, and Carlo Barel di Sant'Albano, Chairman. The merger is in the form of the acquisition of Cushman & Wakefield by DTZ owners TPG, and creates the third largest real estate brokerage group worldwide, behind CBRE and JLL.

Crossing boundaries: Kristiaan Borret starts the process
A newsletter released by Brussels Master Architect Kristiaan Borret at the end of summer indicated a more wide-ranging policy in terms of urban regeneration. It stated that Brussels Urban Development had issued a call for tenders for study missions relative to the ‘Urban Renovation Contracts’. These represent a further stage, going beyond the ‘District Contracts’ familiar to many Brussels residents, which deal with small-scale rehabilitation projects within individual districts. The new Urban Renovation Contracts deal with larger size strategic areas and are in particular designed to cross communal boundaries.

Brussels offices market: JLL looks at the first half
Real estate advisor JLL released its OnPoint review of the market for the first semester. It seems that occupier activity continues to disappoint, but that despite this, vacancy finally fell below the psychological level of 10% and JLL anticipates a further decline in the near future. Take-up in the second quarter increased by 34% compared to Q1, at 84,146 m². 121 deals were registered, 64% more than in Q1. Cumulative take-up this year for the half has come in at 147,000 m², 42% lower than a year ago, and the cumulative number of deals is 195, one more than a year ago.
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Which are the world's leading cities in #Sustainability? Is Brussels one of them? Via @HEC_SCI...
Méga-prison de #Haren: les plans du projet vont-ils devoir être modifiés? via @GeoffroyCoomans...
New parking solutions to manage the social, economic & environmental impact of human population growth via @BREEAM...
Anderlecht ne va pas agrandir son stade via @redacTendances...
Un lifting à 25 millions d'euros pour les palais du Heysel via @redacTendances...
In terms of housing, students create a growing market via @exporeal_team...

28/10 > The New Brussels Real Estate Map

The next Editions & Séminaires seminar is to take place in Brussels on October 28th. It will be on the subject of ‘The New Brussels Real Estate Map’ and will feature a number of high-ranking personalities such as Brussels Minister-President Rudi Vervoort, Federal Mobility Minister Jacqueline Galant and Brussels Master Architect Kristiaan Borret. Topics to be covered are in particular the new priority development zones of the capital, including the canal, the North and South districts, Tour & Taxis…
Further information & registration...

22>23/10 > Development conference in Charleroi

It is not only in Brussels that the authorities and real estate world are concentrating on future development. A conference named ‘Real Estate Forum- Charleroi and South Hainaut’ is to take place on October 22nd and 23rd at the Palais des beaux Arts, Charleroi. The towns and communes of the district will be setting out investment and development opportunities and the possibility of setting up public-private partnerships, among others. A number of very specific projects will be presented, including those of development agency IGRETEC, and of course the massive regeneration of Charleroi city centre, with its 142 million Euro budget.
Further information & registration...
Bedrijventerreinen & Logistiek Vastgoed 2015
Organised by Management Producties
20/10 – Herentals, Industrieterrein Klein Gent

Charleroi - South Hainaut Real Estate Forum
22<23/10 – Charleroi, Palais des Beaux-Arts

Conference: The stakes of the social territory’
Organised by ADT & Brussels Academy
26/10 – Brussels, BIP

Seminar: ‘The New Brussels Real Estate Map’
Organised by Editions & Séminaires
28/10 – Brussels, ING – Auditorium Jacques Thierry

Séminar : Le transport des déchets par la voie d'eau, une alternative durable pour la ville ?
Organised by Environment.Brussels
28/10 - Brussels - BIP

Vastgoedevent Gent
10/11 – Ghent, Stadhuis

Sustainable Buildings 2015
Organised by Premier Cercle & IFMA Belgiuim
17/11 – Brussels, BNP Paribas Fortis Auditorium

Organised by Easyfairs
18<19/11 – Brussels, Tour & Taxis

18>20/11 – Cannes, Palais des Festivals

Seminar : ’The energy certificate in 2015, how to apply it?'
Organised by
20/11 – Brussels, Tour & Taxis

UPSI/BVS Business lunch
26/11 – Brussels, Hotel Le Plaza

Seminar : 'Collective housing: renovating to high energy performance
Organised by
11/12 – Brussels

Conference : ‘From the Seat to the Capital of Europe’
Organised by ADT & Brussels Academy
14/12 – Brussels, BIP

More events on ...
Town planning and real estate market projects in the news

City Docks moving forward >>>

Architectural competition for Tour & Taxis >>>

Ground breaking for the VAC Brussels >>>

Passport building to join Gateway at Brussels airport >>>

Call proproposals for the former Nato site redevelopment >>>

New city district around Ghent St-Pieters Station >>>
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