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Articles - commercial real estate

Brussels: tax pressure weighs on the office market

Businesses seeking office or warehouse space in Brussels face an increasingly challenging environment. Despite falling demand and rising vacancy rates, the region's tax pressure on non-residential properties has become 'insupportable,' driving companies away and prompting urgent calls for fiscal reform.

Prime Brussels office space: IKEA Family's Vastint acquires new property

The real estate arm of the IKEA founding family, Vastint, has strategically expanded its portfolio by acquiring a new office building just steps from Brussels Central Station. This significant investment signals new opportunities for businesses seeking high-quality, well-located commercial space in the heart of Europe.

Belgium office market alert: SPF Finances consolidation frees up prime business spaces

The Belgian SPF Finances is undergoing a significant centralization, closing 22 local tax offices across the country by 2030, including key locations in Huy and Verviers. This strategic move, aimed at substantial annual savings, is set to free up a considerable number of properties, presenting unique opportunities for businesses seeking new office or warehouse space in prime Belgian locations.

Trèves 59 in Brussels: a model of renovated sustainable offices for eco-conscious businesses

Discover how significant renovations are transforming commercial properties like Brussels' 'Trèves 59' building, achieving top-tier energy performance and sustainability certifications. This case study demonstrates a smart alternative to new construction for businesses seeking eco-friendly office solutions.

Belgium property tax: what businesses need to know for office & warehouse rentals

Navigating the Belgian real estate market means understanding various costs. While the 'précompte immobilier' (property tax) is primarily for owners, it's crucial for businesses seeking office or warehouse space to grasp its implications and how it might indirectly affect their rental costs.

Brussels office market outlook Q2 2025: key insights for your business space search

Discover the latest trends in the Brussels office market for Q2 2025. While take-up soared to a four-year high, reflecting strong demand from major occupiers, businesses should be aware of nuanced changes in vacancy rates, rental stability, and new developments to make informed decisions for their next office space.
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