Real Estate for a changing world
Cities are places of life, work and travel. According to the UN, half of the world’s population lives in cities, and this figure will reach around two thirds by 2050. In our conception of the city, it is important to reinvent ourselves: offices must open themselves up and find a function that benefits the city during the day, but also during evenings and weekends.
While the health crisis has had a significant impact on the entire European real estate sector, the economy is shaping up for a recovery. This is confirmed by the new report “Lighthouse – outlook for European Real Estate” released by BNP Paribas REIM. For this third edition, the report is based on the in-house forecasts, analysis and expertise of its local teams, providing an update on asset classes and investment opportunities for the end of 2021 and beyond.
“Nothing is lost, everything is transformed”. The circular economy applied to real estate means re-using and developing buildings, infrastructures and neighbourhoods without drying up natural resources, polluting the environment or damaging our ecosystems. The aim of the circular economy is also to use raw materials sensibly, re-purpose and recycle waste. It is, more than ever, a part of property development’s business model.
In the rental market, occupier questions about their future office space needs characterized 2020. The demand for office space in the first 6 months of 2021 illustrate the outcome of that thinking. The deals going forward provide some insight into the future dynamics of the sector.
The pandemic gave us the opportunity to capitalise on our expertise
Keytrade Bank has renewed its lease contract with Patrizia AG in the “Souverain 100 Building” in Brussels. BNP Paribas Real Estate has helped the Belgian online bank specialized in banking and investment products.
Quarterly key statistics of the Brussels Office Market
Real I.S., the German real estate asset manager, has just entrusted BNP Paribas Real Estate with the management of four buildings, totalling over 45,000 m² of workspaces in the historic heart of Brussels.
The Letting & Sales team of BNP Paribas Real Estate, a specialist in corporate real estate, assists Nagelmackers Bank with the move of its new headquarter to Brussels.
