Your reliable guide to real-estate strategy and valuation

At the end of 2024, the Belgian office market is experiencing a shift, influenced by economic factors and evolving work models. Economic growth in Belgium exceeded the Eurozone average, but high financing costs and the absence of institutional investors remain challenges. At the same time, the shift toward hybrid work models and the focus on sustainability are driving increased demand for high-quality, sustainable office spaces. This Stadim Focus explores the impact of sustainability on real estate value, the evolution of the market, and current trends, such as the growing demand for well-connected offices that foster collaboration. Additionally, a case study illustrates how smart renovation strategies contribute to long-term value creation.

Happy to announce Volume II of StadimFocus, our periodic real estate market analysis. In this edition, we shine a spotlight on the Belgian office market, which is currently undergoing a significant transition to better meet the demands of investors and tenants. We explore prime rents and yields in the country's major cities, with a particular focus on the capital, and delve into the sustainability drivers, frameworks, instruments, and strategies that are revitalising the market after its recent decline. Key topics include reconversion, building certifications, and investments in eco-friendly offices and workplaces that enhance employees' lives. To conclude, we provide an analysis of the Carbon Risk Real Estate Monitor (CRREM) and a comparative study that clearly demonstrates the value of this innovative carbon reduction tool in protecting real estate from stranding.