Belgium
Real Estate News

According to Cushman & Wakefield's European Real Estate Loan Sales Market Report, there was €12.2 billion of closed European commercial real estate loan and real estate owned transactions in Q1 2015.

Germany is the most popular retail market in the world, with 40 percent of global retailers to open a store in 2014.

Bermaso, an Antwerp-based private investor has purchased a retail portfolio consisting of a shopping center in Bruges as well as four high street retail properties from Aberdeen Asset Management, for an undisclosed amount.

The Frankfurt-based Pentahotels Groups plans to open five hotels in Belgium by the end of 2013, part of a move to expand the brand's portfolio by 70 percent this year. The Belgium expansion will include the chain's first airport hotel and add a total of 573 rooms.

The Rezidor Hotel Group of Brussels is expanding in the United Kingdom. The Belgium-based company says it will open two new hotels in strategic markets in 2013. They are the 170-room Radisson Blu Hotel in Newcastle and the 172-room Park Inn Bournemouth in Bournemouth.

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