Firms To Watch: Real estate and construction

Advocatenkantoor De Coninck in Antwerp hired the highly regarded Pim van den Bos from Schoups in 2023 to bring additional real estate and construction expertise to 'a small but very specialised firm with unique depth of knowledge and experience in  construction, real estate, and building permits'.
EY Law‘s hires of David Du Pont and counsel Clément Dekemexhe from Ashurst signifies the continued growth in its ‘solid, versatile‘ real estate and construction practice co-led by Philip Peerens. It mainly focuses on real estate M&A, but also deals with construction contracts and due diligence in a host of sectors, among them logistics, retail, hotels, and care homes.
Building on the hire of France Vassembrouck and Yassine Lachmiche from Monard law, joined by Buyle in 2021, Strelia has '‘solid experience in construction, real estate and administrative law regulations and best practices', and is growing force in real estate transactions, litigation and public law matters.

Real estate and construction in Belgium

Allen & Overy LLP

The real estate practice at Allen & Overy LLP is ‘pragmatic, to the point and very experienced‘. Clients pick out lead partner Rudy Dupont and highly-regarded senior associate Jeff Hermans for their  ‘broad experience and knowledge of the market‘. The practice brings together a broad range of expertise from its corporate and M&A, tax, regulation, finance, and environmental and public law teams to handle high-profile and high-value transactions, finance and tax issues, cross-border matters and more. Partners Filip Tanghe and Gauthier Van Thuyne handle finance and public law matters concerning the built environment respectively. Benjamin Pirlet moved to Baker McKenzie CVBA/SCRL.

Responsables de la pratique:

Rudy Dupont


Autres avocats clés:

Filip Tanghe; Gauthier van Thuyne; Jeff Hermans


Les références

‘Pragmatic, to the point, very experienced.’

‘‘Rudy Dupont and Jeff Hermans have broad experience and knowledge of the market.’

Principaux clients

Besix RED


KB Securities


Ghelamco


Immobel


Sofidy


BNP Paribas Real Estate Investment Management


KGAL


AG Real Estate


Clifford Chance

Clifford Chance‘s real estate group ‘knows the key issues and the key players, and is very proactive in finding solutions to complex transactions‘. The firm handles high-value transactions, including a number ofg . Practice head Henri d’Urselstands out from his peers as he is business-oriented and understands the needs of his clients‘. Counsel Pieter De Bock is a key adviser on real estate projects, senior associate Ruben Vermangstands out for his unwavering commitment for his clients‘, and partner Alexandre Ooms is the key contact for tax advice.

Responsables de la pratique:

Henri d’Ursel


Autres avocats clés:

Alexandre Ooms; Pieter De Bock; Ruben Vermang


Les références

‘Henri d’Ursel and his real estate M&A team are very strong in the Belgian and Luxembourg market. They know the key issues, the key players and are very proactive in finding solutions to complex transactions.’

‘Henri d’Ursel as the lead partner is a key player in the Belgian and Luxembourg market. He stands out from his peers as he is business-oriented and understands the needs of his clients.’

‘Excellent team headed by Henri D’Ursel and Alex Ooms for legal and tax. Always knowledgeable and strong market intelligence which aids on negotiations.’

Principaux clients

Allianz Real Estate GmbH


ASHT Holding GmbH


Atenor


Atream


Bassac


Catella Real Estate AG


Coca-Cola Services


Ekopak


Ethias


Foncière des Practiciens


FPIM


Groupe GH


Hansainvest


Hermes


ICN Development


Invesco


KanAm Grund


Limehome


Patrizia Frankfurt Kapitalverwaltungsgesellschaft mbh


Portus Retail LLP


Primonial REIM France SA


Prologis


Union Real Estate Investment


Whitewood Capital


Principaux dossiers


  • Advised Primonial REIM France with the acquisition of a significant part of the shares from Weerts Group and Ethias in the joint venture Weerts Logistic Parks Holding (WLPH). Deal value €457 million.
  • Advised long-standing client Prologis, global leader in logistics real estate, on the acquisition of a diverse portfolio of 128 logistics facilities and six new developments from leading last-mile operator Crossbay for €1.585 billion across seven countries in Europe (including Belgium).
  • Advised Foncière Magellan, a French real estate civil investment company and global player in real estate investment and asset management, with the all aspects of the acquisition of an off-plan development of an assisted living premises portfolio for mentally ill residents.

Liedekerke

Liedekerke is ‘a one-stop shop for all real estate related issues and has some of Belgium’s finest lawyers‘. Calling on its tax, corporate and finance, and planning and environment groups, the firm provides comprehensive advice to high-profile clients such as LIDL, IKEA, GSK and Total Group. Head of the real estate and regulatory practice Yves Delacroix leads a group of ‘available, highly professional, efficient and business-oriented‘ lawyers, among them Alexandre Emond, who frequently handles major development projects. Up-and-coming partner Julie de Bonnet  moved to NautaDutilh.

Responsables de la pratique:

Yves Delacroix


Autres avocats clés:

Alexandre Emond


Les références

‘I work a lot with Yves Delacroix with whom I have a deep trust. He knows my exigence and is able to protect my interests during deal negociations.’

‘Liedekerke’s real estate and construction team is highly complementary, available and business-focused. It can quickly identify its clients’ needs and provide them with pragmatic, effective advice.’

‘Each member of the real estate team is available, highly professional, efficient and business-oriented. Each of them knows how to anticipate our expectations and needs.’

Principaux clients

Trafic


BEFIMMO


Vastint


Total Group


GSK


Wereldhave Belgium


Fedimmo


LIDL


B&B Hotels


Domitys (Groupe AEGIDE)


Matexi


Interxion


Tans Group


Citydev


Ion Residential Platform


Brussels Expo


IKEA


KBC


Jules Bordet Institute


Principaux dossiers


  • Successfully advising and representing Brussels Expo (a public-law company which is the owner of the land) on all the aspects of the ground-breaking dispute regarding the termination of the EUROSTADIUM DBFM PPP project.
  • Assisting the Jules Bordet Institute – Brussels largest public hospital – with the sale of a 50.000 m² disused hospital located in Brussels (Porte de Hal), in the context of the relocation of the Institute in Anderlecht.
  • Advising listed Dutch food service company Sligro to purchase, in the context of a judicial reorganisation of the Belgian company Metro Cash & Carry Belgium NV, a deal which encompassed the taking-over of 11 Metro sites (including developments), leading Liedekerke to assist with the DD works, the negotiation of the documentation for the purchase of 1 site and the taking over of leases, long lease rights, leasing for the other site, including the obtaining of approvals from third-parties (public bodies).

Loyens & Loeff

Loyens & Loeff has ‘the leading role in the market by expertise, track record, availability and quality of service‘. The firm fully integrates its tax and legal real estate capability, providing a one-stop shop for major real estate developments involving permits, construction, VAT, leases and more. The firm also handles a growing number of lenders’ mandates for the financing of real estate transactions. ‘Outstanding‘ practice head Christophe Laurent, experienced partner Ariane Brohez, newly appointed partner Julien Lecler and counsel Lien Bellinck are the key contacts in the ‘pragmatic, commercial and results-driven‘ team.

Responsables de la pratique:

Christophe Laurent


Autres avocats clés:

Ariane Brohez; Julien Lecler; Lien Bellinck; Antoine Béchaimont


Les références

‘The leading role in the market by expertise, track record, availability and quality of service. The team focuses on the ‘deal’ with an eye for execution but without loosing sight on the quality of the work.’

‘Dedication & expertise – knowledge’

‘Very competent team, available, pragmatic, commercial and results-driven.’

Principaux clients

AEW


AG Real Estate


Atenor


Axa Real Estate Investment Management


Blue Colibri Capital Partners


CBRE Investment Management


Covivio Hotels


Ethias


Kadans Science Partner


KanAm


La Française Real Estate Managers


Lone Star Funds


MEAG


Prologis


Real I.S.


Swiss Life Asset Management


Tristan Capital Partners


Principaux dossiers


  • Advised MEAG, acting on behalf of a special real estate fund designed for institutional investors, with the largest office-related transaction of 2023 so far to acquire all the shares of the company AGRE Office Invest II holding the prestigious City Center building.
  • Advised a Lone Star investment fund with the acquisition in share deal of the iconic Metropole Hotel in the heart of Brussels, together with adjacent shops in high-retail area of Rue Neuve.
  • Further to the acquisition of the Regent portfolio, consisting of 5 building offices in Brussels, assisted Tristan Capital Partners with the sale of an office building located rue Ducal 69-71. Advised on the best way to organise the transaction, recommending to sell the building through the granting of a perpetual right to building on the building, such ownership structure being possible since the entry into force of the Book 3 of the Civil Code in September 2021.

Lydian

At Lydian, ‘pragmatism is the hallmark, and they display an excellent ability to effectively manage complex real estate and environmental matters‘. From Brussels, Antwerp, and Hasselt, the firm handles major transactions, as well as construction and development work. Energy, public law and regulatory partner Jens Debièvre oversees the practice which relies on a deep bench of counsels. The ‘easily accessibleIris Hemelaer, Dario Petosa (who ‘always goes an extra mile ‘), the ‘very accessible and intelligentBruno Stroobants , Anne-Victoire Vandekerckhove (who has ‘a noteworthy eye for detail that can really make the difference‘) are the key practitioners.

Responsables de la pratique:

Jens Debièvre; Iris Hemelaer; Dario Petosa; Bruno Stroobants; Anne-Victoire Vandekerckhove


Autres avocats clés:

Laura Reynders


Les références

‘How I experience Lydian is that they are extremely available. In addition, they communicate very clearly what input we should or should not expect and within what timeframe. The input that we get is also of a very high level.’

‘All credits on my part go to Bruno Stroobants. Bruno is a very accessible and intelligent lawyer who has a perfect understanding of his subject matter. He also always pays attention to the commercial aspects of a real estate file. ’

‘Flexibility, willingness to think with you. good accessibility at any time, even during vacations.’

Principaux clients

2B2 Immo BV


Accor Hotels Belgium


Visser & Smit Hanab


Advanced Power Solutions Belgium NV


Arcadis Belgium NV


Aveve BV


AVK Belgium NV


Axima SA (now Equans SA – part of Engie Group)


Accor Hotels Belgium


Baloise Belgium NV


BNP Paribas Fortis NV


BouWatch België


BPI Real Estate Belgium SA


Buro II & Archi + I bvba


BV Assurinvestment


BVI.EU NV


Candor


Ciner Glass Belgium


Colim NV


Coordinatie Organisatie Constructie NV


Cordeel Group NV


Corden Pharma Brussels NV


Cores Development NV


Cycle Concepts Den Haag BV


DCA


Den Trap Construct BV


DFDS Belgium NV


Divani


DS Engineering BV


Dornan Engineering


Euro Heat Pipes SA


EuroParcs Belgium Holding BV


Federale Real Estate


Fidelidade


FIVAC NV


Fonds voor Wetenschappelijk Onderzoek


Fortis Lease NV


Galapagos NV


Ghent Transport & Storage NV


Goodman Belgium NV


Hoome Group NV


Houthoff – Amsterdam


Huis van het GO!


IMI Hydronic Engineering NV


Immo Arenberg NV


IBP Water Link


Immo B.S.2M. NV


Immobiliën De Swaef NV


Immobilien Sauniere SA


ION


Immogra


KBC Bank NV


KBC Verzekeringen NV


Kolmont Woonprojecten NV


KWS Infra BV


Lexence


LCL NV


LCP BELGIUM NV


Living Stone BV


M² Architecten BVBA


McCain Foods Belgium NV


Media Markt – Saturn Belgium NV


Mobix Engetec NV


Norton Rose Fulbright LLP – Amsterdam


Ninovimmo BV


Oklogi Hotels, S.L.


PegaCosmos BV


Pegaland BV


Pegamo I BV


Pegamo III BV


Pegamo V BV


Pegapark BV


Pegare BV


Pegason BV


Pegatrim BV


Poltronesofà Belgium NV


QBE Europe NV


Quares Residential Investment Fund


QRF NV


R.E. Investments bvba


Real Estate Belgium NV


Renotec NV


Retailors-FL NK Belgium B.V


Service & Development Group Belgium NV


Socotec Belgium SRL


Stora Enso Langerbrugge NV


SVR-Architects NV


Tans Group


Terberg Exploitatiemaatschappij NV


The Good Life Development Fund II


Tractebel NV


Van Benthem & Keulen


Vanden Bruyn BV


Vivalto Home Belgium SA


Vlinvesta NV


Volker Wessels Telecom Belgium NV


VZW het Domein Bokrijk


Principaux dossiers


  • Advising Dornan Engineering on all aspects of the construction of complex data centres for Google in Belgium and abroad, including the liabilities of Google and Mace, their contractual position with different assigned subcontractors, and the negotiation with Google of the main construction agreement.
  • Advising Ciner Glass Belgium with the construction of a new container glass production plant at Kristalpark III in Lommel, in particular with a legal assistance in the negotiations of the service agreement with Tractebel, in drafting various models of construction agreements.
  • Advising Baloise Group in Belgium as its trusted lawyer in its real estate activities in Belgium, including significant share deals for more than EUR 200 million, among others relating to a mixed-use renowned building in a top-notch location in Brussels as well as the retail part of the Antwerp Tower.

Stibbe

Stibbe is ‘unique in its depth of expertise, responsiveness and creativity in handling complex high-stake real estate transactions‘. It remains a key player in the market’s biggest deals. Practice head and ‘trusted adviserMatthias Maselis handles commercial real estate transactions and developments in Belgium and Luxembourg. Partners Rudy Nauwelaerts, who frequently acts for insurers, project developers, retailers, public bodies and REITs, and senior associate Anneleen Quirynencombining all skills for a pragmatic and business-oriented result‘. Rony Vermeersch is the standout partner for construction and energy matters, including PPP projects.

Responsables de la pratique:

Matthias Maselis


Autres avocats clés:

Rudy Nauwelaerts; Rony Vermeersch; Anneleen Quirynen


Les références

‘This practice is unique in its depth of expertise, responsiveness and creativity in handling complex high-stake real estate transactions. They have been proactive in identifying and resolving potential issues, they deliver exceptional quality within tight deadlines and they understand what matters for an institutional investor.’

‘Matthias Maselis is our trusted adviser in Belgium and Luxembourg for over 10 years. He is experienced in complex and high-value transactions, very hands-on and knows every aspect of a deal. He is one of the few lawyers that also fully understands the underlying strategic and commercial considerations at play and really adds value at the negotiation table.’

‘The team acts as a business partner, meaning that it understands the business and focuses on pragmatic approach, finding easy to implement solutions to sometimes complex questions.’

Principaux dossiers


  • Advising RE Invest Belgium SA, an entity fully controlled by one of Brookfield’s real estate private funds, on the all-cash voluntary public takeover offer for all outstanding shares in the stock-listed real estate company Befimmo SA and the subsequent restructuring of Befimmo SA.
  • Assisting ‘Schoolkracht’, a private consortium consisting of pppconnect (PMV entity) and AG Real Estate on the realisation of three programs of the new Schools building programme in Flanders.
  • Assisting DigitalBridge, a US based REIT, on the acquisition of Telenet’s mobile telecommunications tower business (3,000+ assets). Telenet Group Holding SA/NV is the Belgium based holding group involved in telecommunications, Internet services, cable television and electronic entertainment.

Baker McKenzie CVBA/SCRL

Baker McKenzie CVBA/SCRL has ‘profound experience in contracting in the real estate sector‘, and is a key adviser to international investors on transactions, tax, litigation, forward funding, investments and lease arrangements. Highly respected partner Jean-François Vandenberghe leads the ‘very responsive, pragmatic‘ real estate and construction, which hired counsel Benjamin Pirlet from Allen & Overy LLP in 2023 following the retirement of Dominique Lechien. Pirlet adds significant experience in real estate tax issues. Senior associate Helena Verbeek frequently handles due diligence on large transactions.

Responsables de la pratique:

Jean-François Vandenberghe


Autres avocats clés:

Benjamin Pirlet; Helena Verbeek


Les références

‘The team is very hands on and a great combination of experience and youth. They tailormade their advise based on the goal you want to achieve with them.’

‘We have had very good experience with every individual we have worked with, whether it is a partner or an associate. Special shout out to Jean-Francois Vandenberghe who has been instrumental in our investment strategy in Belgium. ’

‘The Baker team is very responsive, pragmatic and inexpensive compared to its competitors. Certainly value for money.’

Principaux clients

Aberdeen


HansaInvest


Re-Vive


Nextensa


Koramic Real Estate


BentallGreenOak


Baltissimmo


Inter Real Estate Trusty


KBC Real Estate


Groupama


Al Zayani Investments


Goldman Sachs


Equity Estate


Patrizia


Principaux dossiers


  • Advising Baltissimmo on the disposal of a portfolio of companies holding five senior homes across the Flemish Region to a fund managed by BNP REIM.
  • Advising HansaInvest on the disposal of the long lease on an office building located Rue de la Loi 23 to a Swiss Life fund.
  • Advising BentallGreenOak on the disposal of a company holding a major logistics site in the Wallloon Region (Go Crossroads Belgium SA) to Whitewood and Tristan Capital.

DLA Piper

DLA Piper handles real estate finance, tax, investment planning, construction, and transactional matters. The firm is a key adviser to local, regional, and federal authorities in Belgium, as well as large corporates and investment funds. Led by Joseph Spinks, the practice has ‘ a unique ability to dissect intricate legal issues and provide practical solutions‘. Counsel Bérénice Wathelet is highly recommended for advice on public infrastructure projects. Associate Luana Huybrechts focuses on corporate real estate matters, particularly in the context of complex real estate M&A deals.

Responsables de la pratique:

Joseph Spinks


Autres avocats clés:

Luana Huybrechts; Bérénice Wathelet; Maëlle Rixhon; Lucas Nihoul


Les références

‘We have worked with a team of DLA Piper Belgium that has shown an impressive capability to produce high-quality due diligence reports within a very challenging time. Also, DLA Piper team understood the key problems of the deal, while considering our internal priorities, to provide the right advice and find the best legal solutions to deal with due diligence findings.’

‘Joseph Spinks (Partner) and Lucas Nihoul (Lawyer) have both been very helpful during the due diligence process and have shown a strong commitment and great availability to close deals in the best conditions and within the agreed challenging time frame.’

‘Bérénice Wathelet : her knowledge of public tenders is beyond expectations (experience in administration helps) and she understands very fast what has been asked and comes with solutions. Always ready to help. Maëlle Rixhon : her knowledge of public tenders is great and she can translate difficult matters to be understand by others. ’

Principaux clients

Corum


NH Hotels


Ark Data Centres


Fluvius


Sligro


Yays


Deutsche Bank


UREP


IQEQ


GLP


Vlaamse Radio en Televisie (VRT)


Levi Strauss


CBRE Investment Management


Helaba


Berlin Hyp


Safra Bank


Radisson


Willis Towers Watson


Burberry


Restoration Hardware


Tony Tamer, CEO of HIG Capital


Dr. Martens


City of Brussels


Federal Public Service for Finance


Régie des Bâtiments


SAU/MSI


ULB


NEO


CBRE Investment Management


Alitas


Riyad Capital


Principaux dossiers


  • Advised Corum, a French investor / asset manager, part of French private equity group Corum Butler, on the acquisition of the Conscience building (leasehold interest) in the Brussels north district from Axa Belgium.
  • Advised Corum, a French investor / asset manager, part of French private equity group Corum Butler, on the acquisition from Cofinimmo of the RTL Headquarters in Brussels.
  • Advised NH Hotels on the sale to Pandox of the shares in the entity holding 100% of the ownership rights in the NH Brussels Louise Hotel (the transaction also involved the entry into an HMA agreement).

Linklaters

The Linklaters real estate group has a broad scope and brings ‘vast experience and expertise,‘ to M&A, joint ventures, investment and development projects, real estate finance, public procurement and much more. Practice head Yves Moreau  is ‘a legal legend – very professional and solution-driven‘. For project finance, Pieter Puelinckx and managing associate Lothar Van Driessche have ‘experience and a pragmatic approach‘. Counsel France Englebert focuses predominantly on the hotel sector.

Responsables de la pratique:

Yves Moreau


Autres avocats clés:

Pieter Puelinckx; France Englebert; Lothar Van Driessche; Lieve Swartenbroux


Les références

‘Real estate team has a vast experience and expertise, is oriented to solve problems, is fast, always reachable and available, knows their clients, great transaction team.’

‘Yves Moreau and his team are excellent advisors.’

‘Very experienced, very good lawyers.’

Principaux clients

Cofinimmo


Befimmo


CBRE Investment Management


Ageas / AG Insurance / AG Real Estate


McDonald’s Restaurants Belgium


La Française Real Estate Managers


IRET


John Cockerill


Solvay


Ineos


Weerts Group


Macquarie


Baltissimmo


Principaux dossiers


  • Advising La Française Real Estate Managers on the divestment of a group of Luxembourg and Belgian companies, of which two are B-REIFs (FIIS/GVBF), owned by Korean (Hyundai Investments) and French (LF Europimmo) investors, to Green Real Estate FundComm.V., a fund managed by Whitewood in which the Federal Holding and Investment Company (SFPI-FPIM), i.e. Belgium’s “Sovereign Wealth Fund”, is participating, owning together two office buildings in Brussels, headquarters to Engie.
  • Fedimmo, subsidiary of the Belgian Real-Estate Investment Trust (SIR-GVV) Befimmo: advising on the divestment of a portfolio of twenty-five properties, having a combined surface area of around 115,000m², to Downtown Real Estate and Straco. The properties are or were formerly let to several Federal Public Services.
  • AG Insurance and Incresco, represented by AG Real Estate: advising on the divestment of six nursing and care home properties located in the Flemish and Brussels regions through a combination of share deals and asset deals to Healthcare Activos Yield SOCIMI S.A., for whom this constituted the first investment in Belgium.

NautaDutilh

The real estate practice at NautaDutilh is particularly adept in PPP projects, though it handles a broad palette of transactions. Lead partner Didier De Vliegher is a veteran of the domestic market; loan finance partner Thibaut Willems, and public and regulatory specialist Jens Mosselmans play key roles in the practice. Local partner Julie de Bonnet joined from Liedekerke.

Responsables de la pratique:

Didier De Vliegher


Autres avocats clés:

Thibaut Willems; Jens Mosselmans


Principaux clients

Aedifica


AG Real Estate Property Management


AstraZeneca


Basic-Fit International


ENGIE


FedEx Express Europe


Invesis Belgium (formerly BAM PPP)


Lineage


Macquarie Capital


Raffinerie Tirlemontoise SA – Tiense Suikerraffinaderij NV


Principaux dossiers


  • Assisted Bouygues Belgium and Bouygues Bâtiment Nord-Est, two subsidiaries of one of the world’s leading construction companies, Bouygues Construction, with negotiations, contract drafting and litigation in Belgium.
  • Advised Schroders on various real estate matters in recent years, including purchase and sale transactions, lease negotiations and dispute resolution.
  • Assisted Cooke Inc. with its first acquisitions in Belgium and Germany, which take the form of a share deal.

Schoups

The real estate and construction team at Schoups is ‘extremely dedicated, accurate, and to the point‘. A leading player in construction, the firm recently acted for Constructiebedrijf Ivens, the leading Belgium-based tank construction company, on a project in the state-of-the-art tank terminal in Rotterdam. Ewoud Willaert led that matter. ‘Accurate and sharp‘ practice head Marco Schoups and Els Op de Beeck are key figures in litigation, while Kris Lemmens for public procurement and PPP work and Maarten Somers for projects work are highly recommended.

Responsables de la pratique:

Marco Schoups


Autres avocats clés:

Kris Lemmens; Maarten Somers; Ewoud Willaert; Els Op de Beeck; Bob Goedemé


Les références

‘This practice works with various disciplines. Each case is handled by a team, with regular consultation with the customer. This office has just moved. The layout of the building is with clear consideration given to places where people can work in silence, but also where consultation within a team/presentations are possible.’

‘Kris Lemmens and Marco Schoups know their subject inside and out. Maarten Somers and Arnaud Simar also give clear and interactive presentations in public law, which are very much appreciated by the project leaders.’

‘Very professional, always respecting deadlines. Clear timesheets and rates.’

Principaux clients

BAM Contractors


Carrefour


CFE Bouw Vlaanderen


CFE Infra/Aannemingsmaatschappij CFE


Cordeel Zetel Temse and Cordeel Zetel Hoeselt


Fincimec


Galère


BAM Interbuild


Renotec


Vastint Belgium


Strabag


Hannover Leasing Investment


Besix


Simont Braun

Simont Braun has ‘deep knowledge of all law matters in the real estate sector‘. Lead partner Manuela Von Kuegelgen, who is ‘highly qualified and extremely conscientious‘, recently advised Fondation Kanal on the creation of the Contemporary and Modern Art Museum and Architecture Museum in Brussels Litigator Béatrice Thieffry is the other senior member of the practice. Counsels Renaud van Melsen and Laura Grauer stand out for public law matters.

Responsables de la pratique:

Manuela von Kuegelgen


Autres avocats clés:

Béatrice Thieffry; Laura Grauer; Renaud van Melsen


Les références

‘Excellent collaboration since many years with the associates and their team. Excellent capabilities of the all team.’

‘Deep knowledge of all law matters in the real estate sector.’

‘The team is the more responsive we’ve ever experienced. We work a lot on prevention of conflicts, or mediation and they are very efficient about that.’

Principaux clients

SAU/MSI (Public Project Developer for the Brussels Region)


Guerlain


Bompard


STIB-MIVB


Brussels Mobility


Brussels Environment


ULB


BPI


Gingko


CHUPMB


SAU-Mediapark


InBev Belgium (Anheuser-Busch)


SWECO


UNION FINANCIERE BOEL


Kanal (new Museum of Contemporary Art in collaboration with the Centre Pompidou)


Principaux dossiers


  • BPI, a subsidiary of the CFE group, undertook the construction of a residential complex and a 7300 m² office building, leased to various companies. BPI sold the building to Ethias.
  • Advised Urban Development Corporation of the Brussels-Capital Region on the “Mediapark” site, which is the previous headquarter of the French and Flemish public television stations (RTBF and VRT). Providing legal guidance and assistance in relation to the interpretation and implementation of the terms and conditions of the occupation of the site “Mediapark” by the RTBF and the VRT until their transfer to their respective new headquarters.
  • Assisted Guerlain in drawing up a contractor agreement for the installation of its first Guerlain Parfumeur boutique (outside France), which opened on May 5 2023 in Place Stéphanie, Brussels, in the former Annick Goutal boutique.

AKD

AKD‘s real estate and construction practice ‘understands the issues at hand, and is proactive in how to tackle the issues‘. The firm assists domestic and international clients with acquisitions, disposals, and contentious matters.  Steven Ongena, who is ‘very professional, patient and understanding‘, and ‘outstanding partner‘  Simon Ceulemans lead the practice, while counsel Pol Cools is a key adviser to corporates and government entities on relocation projects.

Responsables de la pratique:

Steven Ongena; Simon Ceulemans


Autres avocats clés:

Pol Cools


Les références

‘The individuals were excellent and always going beyond their brief. They knew their job, and easily explained complex legal points in language that was easy to understand and use for our commercial advantage. They knew my team, understood what we needed and guided us through complex legal nuances to achieve a great commercial outcome in challenging negotiations under tight time pressure.’

‘Gives confidence, understands the issues at hand, proactive in how to tackle the issues.’

‘Steven Ongena was very professional, patient and understanding. He was a great communicator and experienced in the matters at hand.’

Principaux clients

Hilfiger Stores Belgium


Calvin Klein Stores Belgium


Claire’s Accessories


Furla


Retif Belgium


Panattoni Development Company


City of Antwerp


Willemen Infrastructure


Ncardia


LEAPPP (a Joint Venture between Federale Verzekeringen and Willemen Infra)


APCO


Jan de Nul


P3 Logistics


Principaux dossiers


  • Representing a pan-European multi-brand retailer in a long lease transaction for a multiple floor store at the iconic Meir in Antwerp.

ALTIUS

The real estate practice at ALTIUS ‘consistently provides quick solutions and has top-notch expertise‘. The firm frequently handles cross-border transactions and development projects. The ‘accessible, open, accurate and knowledgeableLieven Peeters co-leads the practice with regulatory partner William Timmermans. Counsel Caroline De Mulder‘s work encompasses public procurement and construction matters.

Responsables de la pratique:

Lieven Peeters; William Timmermans


Autres avocats clés:

Caroline De Mulder


Les références

‘Always fast and good advice.’

‘To the point, fast, quality.’

‘Knowledge and accuracy.’

Principaux clients

MARK (Meyer Bergman)


Baltisse


Patron Capital


DFDS Group


Belfius Insurance S.A.


Corinthia Hotels


Foot Locker


ING


KFC


Zalando


CBRE IM


United States Government


WP Carey


MiDeal


KBC Verzekeringen


Molenwater Groep N.V.


Maxeda DIY Group


DK Moves


Cloudkitchens


Organon


EVCargo


Principaux dossiers


  • Assisting the United States Government with the acquisition of a site for the location of a new embassy in Brussels.
  • Assisting Corinthia HOTELS with the refurbishment and redevelopment of the former famous luxury Astoria hotel into a luxury five-star Corinthia hotel in Brussels.
  • Assisted Matexi, one of the most prominent real estate developers in Belgium, with the sale of the retail floors in the newly renovated Antwerp Tower, a mixed-use landmark building in Antwerp.

CMS

CMS is ‘very reactive and always available‘ and clients note that the practice led by Bruno Duquesne, who handles complex cross-border portfolio transactions, ‘can handle institutional counterparties as well as private ones, which is a rare feature‘. Pierre-Axel Chabot , who is ‘very efficient and gets truly involved in his files‘, has a broad portfolio that includes construction contracts, property finance, and construction-related disputes. Senior associate Catherine Matton is recommended for property sales and acquisitions.

Responsables de la pratique:

Bruno Duquesne


Autres avocats clés:

Catherine Matton; Pierre-Axel Chabot


Les références

‘Very reactive and always available. They can handle institutional counterparties as well as private ones, which is a rare feature.’

‘Pierre-Axel Chabot is a very efficient partner who gets truly involved in his files. His vast knowledge and experience of real estate transactions is very reassuring.’

Principaux clients

Fidentia Real Estate (Belgian asset manager)


Consortium of Banks (Lenders)


M&G Real Estate


Leoville


Plastic Omnium


Serris REIM


AroundTown


Hotel EU Leopold


Sowaer


Abattoir (developer of the site of the former Brussels slaughterhouses)


Mitiska (Real Estate Investment Management)


SLRB – CityDev (Brussels Region real estate agencies)


Investcorp


Investment fund


Principaux dossiers


  • Advising a Belgian family office in the contemplated financing – through a mezzanine loan – of the development of a large multi-function project.
  • Acting on behalf of Belgian real estate investment/asset manager Fidentia Real Estate, a long-standing client of the firm, on a sale/leaseback transaction with Pfizer.
  • Advising a consortium of banks (Société Générale and ING) in the financing of the acquisition of the Egmont office building by Union Bancaire Privée (UBP Geneva) from its Korean owners.

Deloitte

The real estate practice at Deloitte Legal is ‘very professional, reactive and commercial, with a high knowledge sector’. The firm majors on property sales and real estate M&A, a recent example being the €78m forward acquisition on behalf of the Dutch government of a long lease on a new Belgian and EU embassy building in Brussels. Practice head Maximilien Van De Werve , who handles the lion’s share of the work, has ‘very good technical and practical knowledge‘. Tax partner Danny Stas and corporate partner David Roelens are also key to the practice.

Responsables de la pratique:

Maximilien van de Werve


Autres avocats clés:

David Roelens; Kathleen De Hornois


Les références

‘Very good team! Maximillien van de Werve is the key man.’

‘Very good competencies.’

‘Some people in the team are very well introduced in the local real estate market which makes they are very well aware of the market dynamic.’

Principaux clients

AXA REIM


Candor


Ciril


Dassault Real Estate


Ethias


Global Estate Group


Global Rental Properties


HIH Warburg


ION


Kellogg’s


State of the Netherlands


Nextensa


ODTH


Redevco


SoGent


Triple Living


University of Leuven


Van Roey


VDD Project Development


Xior


Eubelius

Eubelius has an excellent reputation for advising REITs on regulatory, tax and transactional matters, though clients note that it also ‘delivers integrated advice which covers the entire spectrum of applicable laws and legislation‘ in the real estate sector. Corporate real estate lawyer Lars Van Bever and tax specialist Wouter Claes lead the practice. in which senior attorney Eva Milants is a key adviser on capital markets and M&A transactions.

Responsables de la pratique:

Lars Van Bever; Wouter Claes


Autres avocats clés:

Eva Milants; Vincent Sagaert; Korneel Decroix


Les références

‘The real estate transaction team at Eubelius is specialised in regulated real estate companies. Strengths of the firm are: quality of work, responsiveness, live up to expectations of clients and their investment in trying to know their client’s business. ’

‘Individuals in this team standing out are Lars Van Bever (partner) and Eva Milants (associate). Lars is a creative lawyer (e.g. thinking ahead about possibilities to structure a deal differently…).

‘The great advantage with Eubelius is that they truly are a full-service practice. The law in the real estate sector has many specialties (contract law, real rights, permits / environment, tax law, corporate law, finance matters, …) and Eubelius is renowned and recognised in the market as the go-to specialist for each of these specialties. They are also used to work together and to deliver integrated advice which cover the entire spectrum of applicable rules, laws and legislation to the matter at hand.’

Principaux clients

Nextensa


AG Real Estate


Retail Estates


Warehouses De Pauw


Skyline Europe


Care Property Invest


BE-REIT association


Care-Ion


ION


Immobel


Principaux dossiers


  • Advised AG Real Estate and AXA Belgium, the reference shareholders of Befimmo, on the tender of their shares in Befimmo in the context of Brookfield’s public tender offer.
  • Advised Family Baijot in the sale of 55% of the shares in group Maisons Baijot (one of Wallonia’s largest, family-owned, contracting companies) to the French listed entity Bassac (Euronext Paris).
  • Advised AG Real Estate on the acquisition of Anima Care as well as the landmark urban development project “AXS Namur”.

KPMG Law in Belgium

KPMG Law in Belgium is ‘hardworking and pleasant to work with‘ and clients praise the firm’s ability to advise both complex transactions and related tax matters. Managing partner Gerald Van Walle leads the practice, which is home to ‘very pragmatic and hands on‘ retail sector specialist Jim Bauwens, senior counsel Sébastien De Callataÿ who acts for domestic and international investors or lenders, and senior associate Valerie Dhooghe who handles both transactions and litigation.

Responsables de la pratique:

Gerald Van Walle


Autres avocats clés:

Jim Bauwens; Sébastien de Callataÿ; Valerie Dhooghe; Veerle Pissierssens


Les références

‘The team is hard working and pleasant to work with.’

‘Veerle Pissierssens is to the point and on top of her game.’

‘They have a very broad team led by Gerald Van Walle, real estate partner. They have an excellent legal knowledge combined with a very pragmatic approach which makes them perfect to assist real estate developers just as we are. They are a diverse team which makes use of technology driven solutions helping us out on our day to day work. Given the outstanding and pragmatic advice with lawyers available at any time, we absolutely prefer KPMG Law. Furthermore, the fact that they have a close collaboration with KPMG Tax and the single point of contact we have, both for legal and tax questions, makes it very easy and accessible for us.’

Principaux clients

Flanders Investment Company (FICO) SA


Cores Development SA


International School of Brussels (ISB)


Intervest Offices & Warehouses SA


Codic België SA – Codic International SA


Allianz Vie SA – Allianz Real Estate GmbH (Now PIMCO Real Estate)


Ertzberg SRL


Cofinimmo SA


Lovisa Belgium SRL


EDEKA ZENTRALE Handel und Produktion GmbH


ION SRL, ION Holding SRL, ION Residential Platform NV, and associated companies


Principaux dossiers


  • Assisted Cores Development SA with the sale (through a share deal) of their headquarters in the centre of Antwerp and the adjacent office building C-Hive to La Française Real Estate Managers, acting on behalf of a collective real estate investment vehicle.
  • Assisting the International School of Brussels (ISB) with the structuring and negotiation of the acquisition of the residual ownership rights in the school campus from SOMIB (a Swiss company owing various assets in Belgium (not an SPV)).
  • Assisted FICO (Flanders Investment Company), a Belgian private investor, with its acquisition of 100% of the shares of MARI O.G. Holding SRL, the partial owner of a land-mark commercial building located at 2000 Antwerp, Meir (leased to a major international retailer), as well as the acquisition of the remaining property rights of the commercial building via an asset deal.

Monard law, joined by Buyle

Monard law, joined by Buyle‘s real estate and construction practice is particularly well known for its litigation and arbitration work, though it has a strong flow of work on public infrastructure and PPP projects, and corporate transactions. Luc Linders lead a group that is ‘very thorough and has strong market awareness‘. PPP specialist Benoit Samyn, construction disputes expert Gregory Grouwels has expertise in construction-sector disputes, and the ‘calm, knowledgeable and thrustworthyStefaan Van Dyck , who handles a broad range of transactional matters, are the key contacts.

Responsables de la pratique:

Luc Linders


Autres avocats clés:

Gregory Grouwels; Benoit Samyn; Stefaan Van Dyck; Michael Vloeberghs


Les références

‘Committed to their assignment.’

‘Very thorough in their work.’

‘Strong market awareness, commercial feeling, good knowledge.’

Principaux clients

AG Real Estate


Artone


Belfius Bank


BPI Real Estate


Brussels University Hospital


Building & Partners


Carglass


Ciril


Cordeel


Cores Development


C|ircet Pylone


Denys


Democo


Dillen Bouwteam


DSV


Duvel Moortgat Group


Eco Beton nv


Greenyard Group


Hasselt University


Hubo


Immobel


ION


Jan De Nul


KBC Bank


Lindbergh


Living Tomorrow


Metallo


Odebrecht


Revive


Sapa Building Groups


Principaux dossiers


  • Advising contractor Democo (and its affiliate Ciril) on the legal aspects of several real estate development and infrastructure projects.
  • Assisted developer/investor Cores with its disposal of the shares of the project companies holding an office building in Antwerp.
  • Aadvising the consortium led by contractor Jan De Nul in connection with the DBFM project for the construction of a new prison in Antwerp.

Eversheds Sutherland

The real estate and regulatory practice at Eversheds Sutherland is known for its ‘great communication and ability to put complex legal terminology into layman’s terms‘. Practice head Johan Joos oversees a ‘friendly and approachable‘ group that handles real estate M&A, sales and acquisitions, planning, infrastructure development and real estate investment matters.

Responsables de la pratique:

Johan Joos


Les références

‘Good overall team with experience lawyers in every domain and a strong international organisation to rely on.’

‘Very flexible lawyers.’

‘Great communication and good ability to put complex legal terminology into easy understandable layman’s terms. Kept our recent project on track, requesting updates on actions etc.’

Principaux clients

CISCO


DuPont


EQT Exeter


G4S


Iron Mountain


Microsoft Corporation


Parker Hannifin Corporation


Realterm


Safestore


Turkish Airlines


Principaux dossiers


  • Advised G4S on a lease regearing/renewal in relation to its Belgian HQ located in Vilvoorde, Flemish Region, including real estate and tax structuring, and negotiation of contractual documentation.
  • Advised Iron Mountain Belgium on (i) a lease regearing/renewal in relation to a warehouse located in Seneffe, Walloon Region, and (ii) on the sale of a warehouse located in Diegem, Flemish Region.
  • Advised Safestore (Lokabox) on its first Belgian greenfield land acquisition and development of a self-storage facility in Steenokkerzeel, Flemish Region, including real estate, planning and environmental, and tax due diligence, seeking government consent, as well as the negotiation of the sale and purchase agreement and architecture agreement.

GSJ Advocaten

Trustworthy, pragmatic, market-focused and dedicated‘, Antwerp-based GSJ Advocaten joins the ranking this year thanks to its growing portfolio of work for Flemish public authorities, and through its alliance with firms in the Netherlands and the UK, local and international developers and investors in real estate projects. Christophe Lenders (who is ‘very customer-oriented and actively searches for practical solutions‘) and the ‘thorough and punctualYves Loix are the lead partners.

Responsables de la pratique:

Christophe Lenders; Yves Loix


Autres avocats clés:

Joris Wouters; Joris Geens; Stephanie Wernaers


Les références

‘It is a law firm with various specialized departments. Depending on the problem at hand, there is always a specialist to help.The new buildings are very centrally located in Antwerp and easily accessible.’

‘Christophe Lenders is very customer-oriented and actively searches for practical solutions. He can analyze more complex legal issues well and can assess the risks exceptionally well.’

‘I know GSJ Advocaten as counselors of adverse parties. About half of the partners are public / real estate experts. All very able and well respected lawyers. When I have a deal / litigation were they are involved, it is clear that the aim for the best result for their client, but allways trying to act towards a deal with the adverse party avoiding unnecessary costs for thier clients.’

Principaux clients

DCA


Ghelamco NV


BPI


Immobel


Matexi Projects


Rinkoniên |Artes


Mobilis


Boskalis


City of Malines


VK Engineering


Sweco


Heeren Group


NV Besix SA


Vanderstraeten


VDD Project Development


Revive


Flemish Government


Evillas


Triple B


NV IRET Development


Heylen Group


Sportinfrabouw


Gillion Construct


Provincie Antwerpen


B-Architecten


HUB architecture


Styfhals architecten


Stadsbader nv


Stadsbader contractors nv


BAM Interbuild


Principaux dossiers


  • Advising the partnership TM Rinkoniên (a temporary joint venture consisting of major Belgian contractors Artes, Stadsbader Contractors and CIT Blaton as well as the world-famous Dutch and international contractor Boskalis and Dutch contractor Mobilis I TBI) regarding the awarding and the execution of the biggest construction works in Europe, the project ‘Oosterweelverbinding’.
  • Advising the City of Mechelen (advising, contracting and legal representation) on the major urban development program (Ragheno project 140.000 m² offices, 25.000 m² retail, 2750 houses, 18.000 m² public infrastructure).
  • Guidance and advice on the environmental law aspects of the Golf project in Knokke. GSJ provided legal services for the environmental permit, a project with an international character. An international hotel will be established. The value of the project is estimated at €500,000,000. The architect of the golf project is Jack Nicklaus, known as The Golden Bear, a top American golfer.

Laurius

Laurius is a popular choice for M&A deals and investments in real estate, and it frequently acts for institutional and private equity investors. The practice is led by  Michael Bollen, who ‘increases and improves negotiations rather than slowing them down or overcomplicating them‘ and Christina Trappeniers, who specialises in domestic and cross-border healthcare sector deals.

Responsables de la pratique:

Michael Bollen; Christina Trappeniers


Les références

‘Michael Bollen follows up on his file from very close by. Nothing drags on and he increases and improves negotiations rather than slowing them down or overcomplicating them. A lawyer who understands his clients and can work for somewhat more sophisticated parties – holding back when necessary and pushing through when possible.’

Principaux clients

Prologis


Buysse & Partners Smart Living


Healthcare Activos Yield Socimi SA


My-Assist


Orelia NV


Phenix NV/Bruvaco NV


Quares Residential Investment


Tristan Capital Partners


Whitewood Capital


Yally NV


Principaux dossiers


  • Acted as lead counsel for HEALTHCARE ACTIVOS YIELD SOCIMI, S.A (HA) in its acquisition of a portfolio of six homes for elderly care from AG Insurance NV. The acquisition marks the debut of HA on the Belgian market.
  • Assisted Tristan Capital Partners and Whitewood Capital as the sole legal firm in Belgium with the landmark acquisition of a distribution and warehouse complex in Nivelles. This transaction was structured as a share deal entailing a Grade A 80,000 sqm logistics campus.
  • Assisted Quares Residential Investment BV, a private investment fund, in acquiring properties in Mechelen (Auweghem) and Antwerp (Mortsel – Edwardshof), comprising multiple apartments, underground storages, parking and common green areas through several transactions.

PwC Legal

PwC Legal has ‘a professional team with high knowledge of the real estate market‘. Led by François de Montpellier, who advises Belgian and foreign REITs on transactions and real estate financing, the practice handles project development, construction, investments and more. Senior associate Nicolas Chaval is a key adviser to investment companies, developers, institutional funds, public authorities and credit institutions.

Responsables de la pratique:

François de Montpellier


Autres avocats clés:

Nicolas Chaval;


Les références

‘What for us truly distinghuishes PwC Legal, is their dedication to understanding and meeting the unique needs of the client. The team makes time to listen and comprehend the specifics of each case, tailoring their approach to ensure that we receive correct and effective legal support. ’

‘Professional team with high knowledge of the real estate market.’

‘Pleasant and accessible people.’

Principaux clients

3D Real estate


Besix Red


Cofinimmo SA


Baltisse SA


European Commission


Ville de Mons


Nextensa NV


Brimo NV


Greenyard


Weerts Group


Redevco


STIB / MIVB


Altrad


PROJECT²


UBP


Ghelamco


Kircherg Holding


Principaux dossiers


  • Assisting ING Kirchberg Holding – joint venture between Baltisse and Straco – in the framework of the acquisition of 100% of the shares of a Luxembourgish company owning an office building located 14, avenue Edward Steichen, L-2540 Luxembourg, with office spaces for a total surface area of approximately 5,000 sqm.
  • Assisting Redevco – which entered into a partnership with Shell for the installation and operation of electric charging stations at all its retail sites located in Belgium – with the legal structuring of a charging stations project with Shell, including the drafting of the necessary agreements and the negotiations with Shell.