Belgium
Since the late 1980s, the Group has established a formidable presence in the Belgian property market, specializing in the strategic redevelopment of high-potential commercial properties.
With a primary focus on Brussels, Louvain-la-Neuve, and Antwerp, the Group has delivered transformative investments across a diverse portfolio, including premier office spaces, luxury hotels, modern apartments, and state-of-the-art warehouses.
IT Tower
Brussels
IT Tower, located at 480 Avenue Louise, Brussels, was constructed between 1971 and 1973. When the Group acquired the property in 2001 more than a third of the office space was vacant, and a further third had given notice of termination. Over the following years the Group spent circa €15m refurbishing the entrance, lobbies, lifts and parking as well as a number of floors.
The Group also introduced and managed a conference centre, gym, a restaurant and a laundry service for the tenants. This resulted in successful re-letting, in many cases to AAA tenants. The property was sold in 2007.
Office
20,686 sqm
Parking
360 spaces
Total
22,778 sqm
Misc
2,149 sqm
Manhattan Center
Brussels
The Manhattan Center is situated on the Inner Ring Road in Brussels, with excellent access to road and rail transport networks.
The complex, constructed in 1972, comprises a 27 storey office tower above a large mixed use centre and extensive underground parking. It was acquired in 1998 and redeveloped to high specifications.
Office
36,000 sqm
Parking
646 spaces
Total
53,826 sqm
Misc
17,826 sqm
Sheraton Hotel
Brussels
In March 2009 the Group acquired the Sheraton Hotel, at 47,925 sq m the largest hotel in Belgium.
The hotel formed the far end of the Manhattan Center Complex first opening its doors in 1975.
Comprising of 550 rooms, 20 conference rooms, restaurants and bars as well as a roof top swimming pool and gymnasium.
Rooms
550
Total
47, 925 sqm
Conference Rooms
20
Centre Monnet
Louvain La Neuve
Constructed in 1988 Centre Monnet was previously Shells International Chemical Research Centre.
The property was extensively revitalised and repositioned into a campus style property with a good location approximately 20 minutes from Brussels Airport and 35 minutes from central Brussels.
Office
5,615 sqm
Parking
360 spaces
Total
29,790 sqm
Laboratories
14,728 sqm
Charles Rogier Building
Brussels
A vacant plot of land in central Brussels, on Rue du Gouvernement Provisore, was acquired in 2004 and subsequently developed into 27 individual residential apartments, including a Penthouse, all with parking.
After construction the apartments were all sold individually.
Residential
3,368 sqm
Total
3,368 sqm
Parking
27 spaces