Real Estate for a changing world
For the entire year, the take-up level stands at 308,000 sq.m. The activity showed resilience given the economic, financial, and geopolitical context, as well as the structural change in the office sector.
The investment market concluded a year of underwhelming performance, with €2.4 billion injected into Belgium's commercial real estate over the past 12 months.
In the new issue of Buzzwords (download now), BNPPRE explores real estate strategies that optimise the building sector in the long term. The 2050 European climate targets under the Paris Agreement encourage the implementation of concrete measures to reduce the energy consumption of buildings. With a view to accelerating this decarbonisation, data and innovation are currently at the heart of building management.
In this eighth edition, “The Lighthouse H1 2024 – European Property Market Outlook”, BNP Paribas REIM presents its outlook for the European real estate market using its in-house forecasts, analysis and the expertise of its local teams. Here BNP Paribas REIM defines its convictions and investment opportunities for the beginning of 2024 and beyond.
BNP PRE is dedicating its new Buzzwords issue to low-carbon initiatives in the real estate sector. This includes an exciting interview with Christophe Girard (European Head of Sustainability, BNP Paribas Real Estate Property Management), who discusses ESG regulations and the implementation of new tools to manage the performance of real estate assets. To gain a better understanding of the challenges of integrating these sustainable processes to reduce carbon emissions, today, we explore this strategic topic.
If you are looking for an out-of-the-ordinary investment asset in the Brussels-Capital Region, you should explore the Ilôt Demey mixed-use real-estate development. Located on a plot of land of just over 20 ares (i.e. more than 2,000 m²), this development, which boasts a built surface area of almost 3,000 m², will be ideal for a hybrid restructuring and heritage-preservation project.
Quarterly key statistics of the Brussels Office Market
For many years, BNPPRE BELGIUM has been supporting major socio-economic changes to offer increasingly innovative property management, focused on UX and closely aligned with the expectations of investors and institutions who wish to enhance their assets. In 2023, and thanks to its comprehensive range of services for owners and users of tertiary and residential buildings, the group is strengthening its position as the leader in the sector with 3,813,953 m2 under management.
Investment in retail premises declines in Q3, but fundamentals are sound. The decline in retail property investment is less pronounced than for other asset categories.
