Pro-Realestate Newsletter N° 35 - October 2018
 
Continue rise of coworking centers represents a large share of Brussels office market take-up

Figures for third quarter office take-up in 2018 are not yet in, but it is interesting to look at how the first half of the year performed. Broker JLL has produced its Brussels Office Market report, with at least two key factors: low take-up and the continuing rise of co-working centres. Co-working operators recorded 29,335 sq.m. of transactions this year-to-date, which represents 18% of total take-up. Corporates contributed to 78% with no real sector dominance apart from co-working. While still waiting for confirmation of the third quarter, JLL does however believe that 2018 so far looks very much like the disappointing 2015 that lacked deals in excess of 10,000 sq.m.

 
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Flanders fuels the trend of conversions of obsolete vacant offices into residential
The population of Antwerp is rising. The city favours new residential developments but available land is scarce, fuelling the trend of conversions of obsolete vacant offices into residential, or the switch of land previously aimed at office developments to housing projects. Ghent is not immune to the reconversion trend either.
 
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Lunch with a lady architect for a show of astonishing architecture
The radical yet pragmatic view of OMA’s architectural style has been summed up by Ellen van Loon in various features of some of their projects, from Qatar to the Netherlands, their home country. She believes strongly that for real estate projects quality should always take precedence over budget.
 
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Spotted in the news via @ProRealestateBE
Philippe Close: 'Brusselse fusie is Monster van Loch Ness' @destandaard...
 
Vlaanderen scheurt zijn broek aan Matexi-grond @tijd...
 
Vlaming wil betonstop, maar níet kleiner wonen @HLN_BE...


REAL ESTATE PLAYERS IN THE NEWS
GYPROC expands its activities and wish to reposition itself on the market
Gyproc, well-known for its manufacture of house-building materials such as panels for walls and ceilings, has decided to expand its activities and in particular to reposition itself on the market. They want to evolve from product supplier to global solutions provider for the build and real estate market. On the basis of plans Gyproc delivers a pack with all panels already precut to the size requested, with an instruction book for . mounting. Saint Gobain, Gyproc's mother company, one of the world’s largest suppliers of construction materials, has recently invested 5 million Euros in the Gyproc factory at Kallo, as a demonstration of the French company’s belief in the Belgian market.
 
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PROWINKO gets hold of the former CBC headquarters on the Grand Place in Brussels
 
Persgroep sells its 5 hectares of land with 9,000 m2 of offices to WDP
 
50-year old INGENIUM reviews role
 
AGENDA
Mapic, the retail property equivalent of Mipim, will open its doors in Cannes on November for 3 days. The main topic this year is the phenomenon of the mutation of the market, and in particular ‘physical' retailing in the digital era. The way shops will have to reinvent themselves if they are to continue to attract customers who appear to be permanently glued to their smartphones. In total, Mapic will host 64 conferences and seminars. Last year more than 2,100 retailers attended the fair, including 400 which were new. Some 2,500 developers and 1,000 investors were also at the fair.
 
Programme
 
PEOPLE ON THE MOVE
PROJECTS & ASSETS IN THE NEWS


T'SCHEEP, outstanding new townhall for Hasselt @Willemen


End of the road for UPLACE in Machelen?



50,000 m² business park to be constructed at LIEGE AIRPORT


Au 'FIL DE L'EAU' back on track in Verviers


Belgian NIKE Distribution Center earns Gold LEED certification @ARCADIS
JOBS


Facility & Real Estate Manager
UBIWAY RETAIL


Senior Consultant Transaction Services - Real Estate
PwC


Junior Project Manager Real Estate
EagleStone

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