Firms To Watch: Real estate and construction

GSJ Advocaten has expanded its real estate offering through connections with Dutch and UK-based firms, allowing it to advise international clients alongside its strong base of local, primarily Flemish, developers, investors, and local authorities.

Real estate and construction in Belgium

Allen & Overy LLP

Allen & Overy LLP plays a leading role in high-profile cross-border real estate transactions, advising major REITs, funds, financial institutions, and developers on pan-European portfolio acquisitions, disposals, and development mandates. The practice also advises on high-value real estate financing mandates, and offers tax, regulatory, and commercial contracting expertise, and handles mandates in all key asset classes, such as retail, logistics, public sector buildings and hospitals, and office buildings. Practice head Rudy Dupont advises on key acquisitions and financing mandates, and has a particular focus on leasehold rights. Gauthier Van Thuyne specialises in planning and environmental issues, while counsel Greet Vanslambrouck takes the lead on financing. Senior associate Benjamin Pirlet has broad capabilities across transactions, environmental issues, and tax structuring.

Practice head(s):

Rudy Dupont

Other key lawyers:

Gauthier van Thuyne; Greet Vanslambrouck; Benjamin Pirlet; Jeff Hermans

Testimonials

‘The A&O team did an exceptional job guiding a US headquartered company through the intricacies of Belgian law. The transaction was highly complex with multiple parties and agreements, and a lengthy timeline. The A&O team was proactive throughout the transaction and continuously followed up with the other parties to drive the transaction to a successful conclusion.’

‘Jeff Hermans is an exceptional lawyer with amazing problem solving skills. His work ethic is second to none, and his client service is truly exceptional.’

‘Very good lawyers, excellent legal knowledge and wide experience in complex transactions, putting forward pragmatic solutions, nice and friendly people and always available.’

‘Jeff Hermans- very intelligent, excellent legal knowledge, pragmatic, calm, available, kind.’

‘Very pragmatic approach.’

‘Jeff Hermans – professional, pragmatic and efficient – very involved in the transaction.’

‘Rudy Dupont – extensive experience and broad knowledge of all aspects of the real estate industry.’

Key clients

Athora

Ghelamco Invest NV

Immobel SA

BPI Real Estate

Generali Real Estate

Cores

Deka Immobilien Investment GmbH

GLL Real Estate Partners GmbH

AG Real Estate

Knight Frank Investment Management

Allianz

Eurocapital

Work highlights

  • Advising Ghelamco Invest NV on the disposal of Silver Tower SA.
  • Advised Deka on the granting of a 18-years usufruct right to the EU Commission on the landmark The One building.

Clifford Chance

Clifford Chance maintains its strong record in high-value real estate transactions, advising investors, REITs, and corporate portfolio holders on cross-border acquisitions, sales, and investments. Alongside its transactional work, the team also advises on construction and development issues, leasing, and financing matters. The practice is led by Henri d’Ursel, who is highly experienced in transactions and development matters for leading domestic and international clients, with Pieter De Bock specialising in environmental and urban planning law.

Practice head(s):

Henri D’Ursel

Other key lawyers:

Pieter De Bock

Testimonials

‘Clifford Chance is known in the Belgian market as being the legal advisors for the largest and most complicated real estate transactions.’

‘The Clifford Chance team is highly knowledgeable in the Belgian real estate market, they are very responsive and are business and solution minded.’

‘The team is well appreciated by the market players and their presence in a transaction permits transactions to be swiftly completed.’

‘Henri d’Ursel is an exceptional lawyer and very well known by the Belgian and Luxembourg real estate players. He is very creative in finding solutions and is always very business minded. He is very proactive and available.’

Key clients

The Belgian State’s Holding and Investment Company (SFPI -FPIM)

GAC Capital

Patrizia Frankfurt Kapitalverwaltungsgesellschaft

ICN

Union Investment Real Estate

Quest Investment Partners

J. Safra Sarasin Group

ATREAM

VESTAS

The Coca-Cola Company

Deka Immobilien Investment GmbH

Colonies Belgium

KanAM Grund

Firce Capital

Primonial

Marriott

Work highlights

  • Advised Patrizia on the successful sale of a building situated at the Rue Joseph II 12-16 in Brussels.
  • Advised Patrizia on the successful acquisition of Quadoro Investment Belgium’s real estate portfolio.
  • Advised Patrizia on the successful sale of the Triomphe 172 property in Brussels.

Liedekerke Wolters Waelbroeck Kirkpatrick

Liedekerke Wolters Waelbroeck Kirkpatrick is a strong choice for real estate developers, investors, and portfolio holders engaged in major Belgian and pan-European acquisitions, exits, and redevelopment projects, providing advice on complex urban planning, environmental, and tax structuring issues. Areas of expertise for the firm include retail, logistics, senior housing, hotels, and leisure. Practice head Yves Delacroix is a leading figure across transactions, leasing, complex developments, and associated disputes, with Alexandre Emond advising on transactions and tax issues. Counsel Julie de Bonnet specialises in large-scale corporate real estate transactions, and represents clients in litigation, with Marie Heyvaert an increasingly key figure in major transactions.

Practice head(s):

Yves Delacroix

Other key lawyers:

Alexandre Emond; Julie De Bonnet; Marie Heyvaert; Louise Hubo

Testimonials

‘Yves Delacroix is not only a good lawyer, but he is very pro active and pragmatic.’

‘Marie Heyvaert knows her files and remains calm at all times.’

‘Strong team, without excessive wasted time in theories.’

‘They are friendly, highly skilful. Moreover, they do their best to give you an appropriate answer, to be creative, to find a solution to your issue, and also to answer promptly.’

‘The lawyers are extremely responsive and great to work with.’

‘Yves has a clear view of the legal framework and gives an excellent service with great response times and value for money. His calm in all situation is valuable. Also, his ability to speak clearly and to participate in negotiations with real added value are an asset for any company working with him.’

‘Louise Hubo and Alexandre Emond assisted us very well on the acquisition of land in Brussels. They both have profound legal knowledge and look into matters very thoughtfully and diligently.’

‘Efficient service, excellent availability and top lawyers in their specific field of competence.’

Key clients

Trafic

Befimmo

Vastint

Total Group

Gsk

Wereldhave Belgium

Fedimmo

Lidl

B&b Hotels

Domitys (Groupe Aegide)

Matexi

Interxion

Tans Group

Goodman

Work highlights

  • Advising Befimmo on all aspects of the ZIN project.
  • Advising  Domitys on the development of several senior services residence projects in Belgium.
  • Advising Total Petrochemicals & Refining on the sale of its headquarters in Brussels  to major developer Immobel and the relocation to a new site.

Loyens & Loeff

Loyens & Loeff combines transactional advice with a strong record in real estate developments, financing, REIT investments, and leasing, with integrated tax and regulatory expertise. The firm advises a combination of domestic and international portfolio holders and investors, regularly handling cross-border mandates of significant complexity. Practice head Christophe Laurent is active in major real estate transactions, handling many of the largest in the Belgian market, while Ariane Brohez advises on transactions and large-scale real estate projects. Senior associate Julien Lecler is regularly involved in complex redevelopments, while Lien Bellinck was promoted to counsel in January 2021, and specialises in property law issues.

Practice head(s):

Christophe Laurent

Other key lawyers:

Ariane Brohez; Julien Lecler; Lien Bellinck

Testimonials

‘High availability of the team, pleasant collaboration, specialists in their sector, high professionalism.

‘Always available.

Add value to the inhouse lawyer.

Key clients

AEW

Axa REIM

BNP Paribas REIM

CBRE Global Investors

Covivio Hotels

Crédit Agricole Assurances

Groupama GAN REIM

Prologis

Real IS AG

Swiss Life

Work highlights

  • Advised Axa REIM and Euroclear on the disposal through share deals of the Euroclear office building in Brussels.
  • Advised Prologis on the acquisition of a portfolio of 5 logistics properties from AG Real Estate.
  • Advising BNP Paribas REIM and Caisse des Dépôts et Consignations on the forward acquisition of the fully redeveloped Tweed Building in Brussels.

Lydian

Lydian has a strong record advising developers and investors on commercial property transactions, alongside complex development and redevelopment projects, combining this expertise with advice on leasing, administrative and environmental law, and construction. While independent from international networks, the firm is regularly instructed by global firms to assist on Belgian aspects of major cross-border mandates. Counsel Iris Hemelaer combines transactional work with expertise in construction and contracts, alongside lease agreements. Fellow counsel Bruno Stroobants advises on real estate transactions, environmental, and regulatory issues. Wouter Neven sadly passed away in June 2022.

Other key lawyers:

Iris Hemelaer; Kyoto Van Herreweghe; Anne-Victoire Vandekerckhove; Bruno Stroobants

Testimonials

‘Lydian has a solution-driven approach and a deep legal knowledge that really impressed me. They combine very good client service with deep legal knowledge.

Kyoto Van Herreweghe and Anne-Victoire Vandekerckhove always spend time on the matter and deal with issues calmly. It’s never a case of finishing the deal quickly, but of finishing it in the best way possible.’

‘Kyoto Van Herreweghe is unparalleled in her knowledge of environmental law. She is responsible and proactive.’

‘Anne-Victoire Vandekerckhove is a professional with excellent in depth knowledge and is always available to the client.

‘We have known and worked with Lydian. They are reputed to have one of the leading real estate practices in Belgium, and in our experience they never failed that reputation. We recommend Lydian to our clients requiring assistance in Belgium on a regular basis.’

Key clients

Accor Hotels Belgium NV (Group Accor)

AG Real Estate SA

Baloise Belgium NV

BNP Paribas Fortis NV

Cargill

Carglass NV (Belron)

Consortium TRI-O

Dematic NV (KION Group)

Diesel Belgium NV (Diesel S.p.A.)

E.on Power Plants Belgium BV (E.ONSE)

FPE (BE) Holding BV

LCP Belgium NV (Logistics Capital Partners)

Leasinvest Real Estate Comm. V.A.

Nike European Operations – Hilversum

Retailors LTD (Fox Group’s Nike and Foot Locker Retail Stores)

Stora Enso Belgium NV

Swarovski Belgium N.V.

Tractebel Engineering NV

Van der Valk Hotels & Restaurants

Visser & Smit Hanab NV

VK Engineering N.V.

VK Studio Architects, Planners & Designers

Volker Wessels Telecom Belgium NV

Willy Tans NV

PegaCosmos BV

Pegaland BV

Pegamo I BV

Pegamo III BV

Pegamo V BV

Pegapark BV

Pegare BV

Pegason BV

Pegatrim BV

5N Plus Belgium NV

Afrima NV

Almafin Real Estate NV

Aveve BV

B2Ai – CAAN-Ensemble

Belgium Parcels Service BV

Benleau BV

BIC Belgium BV

Brefin BV

Bruvaco NV

Bruvinvest NV

Building Group Jansen NV

Buro II & Archi + I BV

Canal Logistic Center NV

Ceprim NV

Cercle Brugge Koninklijke Sportvereniging

Coordinatie Organisatie Constructie NV

DCA NV

Eldorado NV

EWS Consultancy

Fashion Line NV

Flanders Real Estate Investment NV

Fonds voor wetenschappelijk Onderzoek – Vlaanderen

GELF Arbo Logistics Belgium NV

Gemeente Asse

Gemeente Boortmeerbeek

Gemimo NV

Gromabel NV

Group Urbi

Hiscox France

Huis van het GO!

Immo-Antares NV

Immobilière Distri-Land NV

Immopro NV

Immova NV

Interuniversitair Micro-Electronica Cent

IPS-Integrated Project Services LLC

Jansen Internal Services NV

Jupiter Logistic Holding NV

KJK-Group BV

Lake Front NV

LCL NV

LOW Architecten BV

Mana SA

Marbreries G. Allard et fils NV

Mathieu Gijbels NV

MP Holdings NV

Pajota EBV

Peiler BV

Quat-Invest bv

Real Estate and Leasing Company NV

Renotec NV

Retailors-FL NK Belgium B.V

Re-Vive NV

Reynders Louis Bouwbedrijf NV

Rotra Air & Ocean NV

Saron NV

Schueremans VM BV

Sterhoek NV

Studio Disc NV

SVR-Architects NV

Sweco Belgium NV

Telim NV

THV Jansen Finishings – Aannemingen Jans

VAC De Meander NV

Van Roey Vastgoed NV

Vanderclausen Benoît

Vankerckhoven Antoinette

Venneshop BV

Vereecke NV

Vlinvesta NV

VRS+

VVZRL AM Feichtinger – LOW – VK

VZW het Domein Bokrijk

VZW Toerisme Limburg

Waulef BV

Willemen Construct NV

Woenst BV

Worthen Industries c/o Devine Millimet

Zamiacea Hotel 1

Work highlights

  • Advising Fidelidade on all matters relating to the management and development of Pegasus Park, a business park in Diegem, Belgium.
  • Advising Nike on the renovation of its European Logistics Campus and on the erection of its new European Logistics Campus.
  • Representing the consortium of BAM Contractors NV and MBG NV in two arbitrations before the ICC in Zürich, as well as in a procedure before the Brussels Court regarding the stability issues of a cooling tower in Ghent.

Stibbe

Stibbe offers integrated transactional, tax, regulatory, and financing advice to an array of major real estate developers, investors, and lenders, working on a number of high-profile acquisitions, forward fundings, and development matters, alongside commercial and residential leasing, REIT investments, and PPPs. Practice head Matthias Maselis remains a leading player in domestic and cross-border transactions, advising cross-border investors and developers, while the experienced Rudy Nauwelaerts  has a strong record in development and project financing matters, particularly in the retail and hotel sectors. Rony Vermeersch  handles transactions, development, and litigation, while senior associate Anneleen Quirynen specialises in national and international building and construction contracts.

Practice head(s):

Matthias Maselis

Testimonials

‘The team is characterised by an excellent combination of young talents and experienced lawyers. A dedicated team with complementary skills is assigned to your case, creating the dynamics required to get the desired result.’

‘Matthias Masselis combines excellent skills with a deep understanding of the real estate industry and its players. He succeeded with surrounding himself with a young hands-on team, which he inspires to be as driven and deal oriented as himself.’

‘The team is experienced and is able to provide top-notch and to the point advice within challenging timeframes. This gives a competitive advantage during the bidding stage. They are excellent in translating legal issues in commercially acceptable solutions.’

‘We have worked with Matthias Maselis on most deals in Belgium and Luxembourg which is the best testament to the quality we receive. He knows the market, reads people and situations extremely well, is quick and available and is clearly passionate about what he does. We also appreciate that he is a nice and easy going person, which makes him the obvious choice for us when selecting our legal advisor. Julie Demester in his team has strong file knowledge and is dedicated. They complement each other well.’

‘This team has not only the ability to deal with very complex legal questions, but most of all to understand the commercial and financial aspects that those questions embrace, and give practical and easily understood solutions and advice to its clients (especially for non-legal persons).’

‘Matthias Maselis has a wide knowledge of the real estate business in its whole and easily spots the legal, tax, commercial and financial issues hidden in a deal and gives practical solutions to it. He is always one step ahead of the counterparty’s advisor, he is a smart negotiator and knows when its time to close the deal and get it done.’

‘I have been working with Rudy Nauwelaerts and Anneleen Quirynen. The team has the skills to treat (complex) topics/files in a very professional and human way. They are very flexible and available when you need to reach out to them. They take the time to seek for the best solutions for the client.’

‘They deliver excellent and thorough analyses which are presented in an easy to read format which is useful for the asset management team post-acquisition. We like working with Matthias and his team as he really understands what matters to us as an institutional investor. The lawyers are sharp, hands-on, efficient, proactive and deal focused.’

Key clients

Aedifica

Aldi Real Estate and Aldi

Alinso

Alibaba (iao Network)

Alides

Allianz Real Estate

Banimmo

Breevast

Brussels Airport Company (BAC)

Catella Real Estate

Clarks

Cofinimmo

Bank Degroof Petercam

Eurocommercial

General Electric

Ghelamco

Goodman

Grimbergen Abbey

Heitmann

Home Invest

Immobel

Interparking

ION

Iret Development

International Trade Union Confederation (ITUC)

Jan De Nul

Kellogg

Kevlin X

Kinepolis

Leasinvest

L.I.F.E. (Living in Funky Environments)

Matexi Projects

McArthurGlen Outlets

Mercedes-Benz

Motel One

Patrizia AG

Qrf

Redevco

Retail Estates

Re-Vive

Segro

Sidley Austin LLP

Standard de Liège

Thermo Fisher Scientific Inc.

Union Investment Real Estate

WDP (Warehouses De Pauw)

Work highlights

  • Advised the International Trade Union Confederation on the sale of its office property located on Boulevard du Roi Albert II 5, Brussels to Banimmo.
  • Advising Catella Real Estate AG on two acquisitions.
  • Advising Kevlin X on the development of a Tier III hyper scale data centre.

Baker McKenzie CVBA/SCRL

Baker McKenzie CVBA/SCRL has an active transactional practice, advising international and local real estate investors and portfolio holders, particularly private equity funds and REITs, on major acquisitions, disposals, and investments, alongside lease agreements. The firm is active across key asset classes, including commercial property, retail, holiday parks, and leisure, and offers integrated tax, environmental regulatory, and litigation support for complex deals. The practice is led by Jean-François Vandenberghe, a specialist in real estate transactions with additional expertise in environmental issues.

Practice head(s):

Jean-François Vandenberghe

Testimonials

‘Extensive team with very broad top expertise and availability.’

‘Jean-François Vandenberghe- thorough expertise, well thought out, available and very present in crucial phases.’

‘Good knowledge of the market.’

‘Jean-François Vandenberghe is business-minded, communicative and responsive.’

Key clients

Aberdeen

Queristics

Re-Vive

Leasinvest

Nordkapital

BentallGreenOak

Downtown

Inter Real Estate Trusty

Pertinea

Groupama

Al Zayani Investments

Goldman Sachs

Equity Estate

Work highlights

  • Advised Arcus Infrastructure Partners on its acquisition of a significant interest in Stockhabo B.V.
  • Advised Blue Propco Sarl on the acquisition of a longlease right for the Blue Tower property from Befimmo.
  • Advised Aberdeen on the sale of the Shopping Olen retail park to a family office from LOI.

DLA Piper

DLA Piper advises on the full range of transactional real estate and development matters, including real estate fund structuring and investments, public procurement and PPP, leasing and franchising, real estate finance, and tax issues, with clients including developers, REIT investors, and public sector bodies. The firm has particular strength in advice to REITs and international portfolio holders, as well as working on local government and environmental issues. The practice is led by Joseph Spinks, who specialises in cross-border and domestic real estate transactions, alongside development work, with Joris De Vos offering litigation expertise and Bob Martens leading on PPP projects.

Practice head(s):

Joseph Spinks

Other key lawyers:

Joris De Vos; Bob Martens

Testimonials

They are inherently unique in our case because we have a global relationship with the firm in multiple territories. I was also impressed by the convenience of working with a multi-disciplinary firm, allowing us to address questions outside of the scope of our transaction.’

‘Joseph Spinks was instrumental in helping us achieve an acceptable outcome. It has been many years since we have visited the Belgian real estate market and Joseph was able to answer every question we posed.’

‘Quick response – pragmatic service without overcomplicating things.’

Excellent and pragmatic advice.

Quick response.

Key clients

Riyad Capital

Merlin Entertainment Developments Limited

Gazeley (GLP)

Miko NV

Mondelez International

City of Antwerp

Vlaamse Radio en Televisie (VRT)

Municipality of Brasschaat

Sweco

NMBS / SNCB

Levi Strauss

Work highlights

  • Advised Riyad Capital on the acquisition of the new PwC Headquarters from Ghelamcoo.
  • Advised Gazeley Limited on the acquisition and subsequent refinancing of a logistics portfolio.
  • Advised Miko on the real estate aspects of the sale of the Miko Pac division of Miko to Paccor.

NautaDutilh

NautaDutilh advises real estate developers, investors, and lenders on a wide range of transactional real estate matters, including acquisitions and REIT investments, alongside construction and development issues such as contracts and permits, with a strong specialism in PPP arrangements. The practice leverages its corporate and financing practices on issues such as acquisitions, financing real estate investments, and the structuring of new REITs. The practice is led by Didier De Vliegher, who handles transactions and financing, including for PPP projects, with project finance and lending-focused Thibaut Willems also a key name. The ‘very driven‘ senior associate Louise Anne Bertin advises Belgian and international companies and investors on a wide range of real estate issues.

Practice head(s):

Didier De Vliegher 

Other key lawyers:

Thibaut Willems; Louise Anne Bertin

Testimonials

‘The NautaDutilh team shows great involvement towards its clients. Their proactive approach really contributes to sustainable solutions. Also the fact that they have in depth knowledge on board of the various real estate related aspects, makes them outstanding performers.’

‘Didier De Vliegher has a great experience in real estate and construction business, which makes him the perfect leader and coach of this team.’

Louise Anne Bertin is an absolute talent, very driven and always to the point.

Louise Anne Bertin is very knowledgeable and can manage and navigate complex cases very well. Very accessible and a pleasure to work with.

Didier De Vliegher is very knowledgeable, invested in his clients and always there for us when we need him.’

They are very good in what they do, hands-on and above all they are genuinely nice people to work with.

Key clients

Cofinimmo

Ghelamco

AG Real Estate

Lineage

ENGIE

INEOS

Continental Bakeries

Raffinerie Tirlemontoise SA – Tiense Suikerraffinaderij NV

Belfius Bank

FedEx

Allianz

Work highlights

  • Advised INEOS on its acquisition of the petrochemicals business of BP Chembel.
  • Advised Allianz on the development of an office building of approximatively 15,000m² in the European quarter in Brussels.
  • Advised Inclusio on its IPO on Euronext Brussels and its registration as a Belgian real estate investment trust.

Schoups

Schoups is a leading choice for Belgian construction matters, with broad expertise across real estate and project development, PPP, and public procurement proceedings, alongside regulatory and administrative law issues such as permitting and soil pollution. The team also has an emerging real estate transactional offering, led by Ewoud Willaert . Clients include construction companies, real estate developers, and major retailers. Practice head Marco Schoups is an ‘excellent litigator‘ with extensive experience in construction contracts and disputes, while ‘skilled negotiatorKris Lemmens is strong in PPP and public procurement issues. Maarten Somers combines litigation with notable public sector construction advice.

Practice head(s):

Marco Schoups

Testimonials

‘Schoups is a practice on which you can always count on for the best services. They put a specialized team on your case. They are always available, collaborate very well and react promptly.’

‘We are very glad that for very difficult public tenders, with even technical aspects, we can always count on Kris Lemmens and Jan de Leyn. They try to know and understand every detail with the purpose to treat the case as good as possible. The results are phenomenal.’

‘Experts in their domain. Good value for money.’

‘Kris Lemmens is highly available and thinks strategically together with the client. He is an expert in his domain and is also very acquainted with the sector.’

‘The quality of the advice is very good. The firm can rely on a strong “library” of information and experience. Their litigation dept. is very professional.’

‘Marco Schoups is always very professional.’

‘Kris Lemmens- very strong in public tender law.’

Key clients

BAM Contractors

Carrefour

CFE Bouw Vlaanderen

CFE Infra / Aannemingsmaatschappij CFE

Cordeel Zetel Temse and Cordeel Zetel Hoeselt

Fincimec

Galère

BAM Interbuild

Renotec

Simont Braun

Simont Braun offers an integrated service across real estate transactions, construction, and public law issues, with a strong specialism in development projects, contracts, and planning matters. The team regularly acts for city municipalities and other public sector clients, advising on all aspects of public procurement and project development. Practice head Manuela von Kuegelgen is a respected name within the real estate development space, and regularly contributes to legislative and regulatory developments, while counsel Laura Grauer specialises in PPP and PFI projects, combining administrative and real estate expertise. Fellow counsel Renaud van Melsen advises clients on a diverse range of projects, particularly within hospitality.

Practice head(s):

Manuela von Kuegelgen 

Other key lawyers:

Laura Grauer; Renaud van Melsen; Béatrice Thieffry

Testimonials

‘Simont Braun has a very specialized team of lawyers, each dedicated to their zone of competence.’

‘Béatrice Thieffry definitely stands-out in terms of knowledge, availability, client orientation and negotiation skills.’

One-stop shopping’ real estate team dedicated to the client.

Strong experience in the real estate sector and on the construction side as well.

They have the ability to quickly grasp the issue raised and target the real points of attention.

They are true deal makers.

A real trust relationship is established and we can feel that our objectives are fully aligned.

ALTIUS

ALTIUS handles contracts, transactional, and regulatory issues for real estate clients in the logistics, hospitality, housing, and leisure sectors, with areas of strength including PPP projects, construction, and complex transactions such as sale-and-leaseback arrangements, divestitures, and asset and share deals. Lieven Peeters specialises in transactions and commercial contracting, advising developers on all aspects of major acquisitions, while William Timmermans focuses on regulatory matters, including planning, environmental issues, and permits.

Testimonials

‘Working together with Altius in general and with its partner Lieven Peeters in particular has been a successful combination over the years for our firm.’

Lieven is an ace real estate lawyer who understands the importance of “commercial” negotiation in order to get the deal done.

Having Lieven besides me during tough negotiations was in several cases a necessity to get the deal done and the contract signed.

‘Lieven Peeters is the perfect and rare combination of an ace-lawyer with a commercial, entrepreneurial approach.’

Key clients

MARK (Meyer Bergman)

Baltisse

Patron Capital

DFDS group

Belfius Insurance

Corinthia Hotels

Foot Locker

ING

KFC

Balda

Intervest Offices & Warehouses

Marc O’Polo

KBC Verzekeringen

De Molenwater Groep

KBD Holdings

Act-Wise

Work highlights

  • Advised MARK on its first investments into logistic real estate in Belgium.
  • Advised pan-European investor Patron Capital on its first investment in Belgium.
  • Advised Corinthia on the refurbishment and redevelopment of the former Astoria Hotel into the five-star luxury Corinthia Hotel, Brussels.

CMS

CMS has a strong focus on commercial property, advising asset managers, investors, and developers on transactions, developments, and construction contracts primarily within the hotel and hospitality sectors. Work includes property financing, occupancy agreements, and an array of cross-border real estate investments. The practice is led by Bruno Duquesne, who advises on domestic and cross-border transactions and financing matters. Pierre-Axel Chabot specialises in retail and hotel sector work, including transactions, contracts, and construction disputes. Senior associate Catherine Matton is active across acquisitions, lease agreements, and construction.

Practice head(s):

Bruno Duquesne

Testimonials

‘Excellent technological support, great network over several countries allowing the firm to render excellent advice in multi-jurisdictional deals at a high level. Great flexibility in proposing secondees during times we need more support. Very pleasant team with great know-how.’

‘Benoît Vandervelde is a very efficient and pleasant partner with excellent know-how in real estate matters.’

‘They are a very user friendly and highly skilled team. They offer clear commercial advice and will provide an opinion rather than sitting on the fence.’

‘Bruno Duquesne-commercially bright and very easy to deal with. Always good quality considered advice.’

Catherine Matton-very organised and always on top of the issue at hand. Has a forensic grasp of the detail.

‘The team was very well rounded and had expertise in every area where we needed assistance. Its definitely a comprehensive practice.’

‘Pierre-Axel Chabot is a great lawyer; very hands on and thorough. He was easy for an American company to work with.’

‘CMS Real Estate team knows how to adapt and advise foreign clients with great clarity and patience. Very business oriented, with an ability to remain firm while being commercial which allows quality transactions to be signed quickly.’

Key clients

Tesla

Atenor

Co-Living

Immowal

NH Hotels

Eiffage Développement

Standard International

Ennismore Hotel Hoxton

Aareal Bank

M&G Real Estate

Castleforge – Phicap

WeWork

Aroundtown

Unibail Rodamco

DSV

Logicor

HNW individuals led by HSBC Private Bank in Luxembourg

Work highlights

  • Advising Standard International on the negotiation of a long-term hotel management agreement with a view to operate a brand new 5 star hotel currently under development in old iconic Brussels towers being entirely refurbished.
  • Advising Immowal on the open bid process for the choice of a 15.000 m2 office building to be taken into occupation for a 20 year period
  • Advised NH Hotels on the sale of a hotel located in Ghent.

Cresco Advocaten

Cresco Advocaten advises on a wide range of real estate transactions, working in the healthcare, food, retail, residential, and office property sectors. The firm also has bespoke expertise in green energy developments, advising on construction projects within the space. Clients include real estate investors, including private and institutional backers, domestic and international companies, and public bodies. The team is led by Filip De Schouwer, who has considerable experience within the hotel and hospitality sector.

Practice head(s):

Filip De Schouwer

Key clients

Hawaiian Poké Bowl Group

Weerts Group

Scale-ups.be

Buildspots

Belgian Government

Autogrill

Percassi

Eoluz

Flemish Government

Karbon9

WannaWork s

Loftit

Comics Station Antwerp

D’Egg Consult

Antwerp Film Studios

Fransen Transport

Skilpod

Materia Concept Gyms

Department for Housing

Agency for Integration

Department for Energy and Climate

Department for Science / Division Antarctica

BRIXadvice

Agency for Integration

Work highlights

  • Advised Weerts Group on a combined asset and share deal in Belgium and the Netherlands as part of its pan- European investment programme.
  • Advised Hawaiian Poké Bowl Group on a takeover and financing round.
  • Advising Percassi on the drafting and negotiations of complex retail lease agreements in the Benelux.

Deloitte

Maximilien Van De Werve heads the practice at Deloitte acts for clients across the real estate spectrum including domestic and international institution investors and funds and developers in addition to corporate clients. The team handles the gamut of real estate work and is well known for handling matters with a tax nexus.

Practice head(s):

Maximilien van de Werve

Testimonials

Hands-on, pragmatic and flexible.

Link with other Deloitte teams.

Maximilien Van de Werve: client focused.

Key clients

European Commission

AXA REIM

Global Estate Group

Xior

ION

Ciril (ex-DMI)

Extensa

CoHabs

Aldia-Zeelandia

Serris REIM

Eubelius

Eubelius‘ strengths include real estate transactions, including straightforward acquisitions and more complex arrangements such as leasebacks, and fund formation and structuring advice to REITs and BE-REIFs, which form the bulk of the firm’s client base. The team has expertise in various asset classes, including residential property, healthcare, logistics, and industrial real estate, and works with sector-wide and sector-specific investors. The team is led by Lars Van Bever, an authority on Belgian REIT matters, including transactions, regulatory issues, and capital markets work. Wouter Claes has a successful record in handling real estate-related taxation matters.

Practice head(s):

Lars Van Bever 

Other key lawyers:

Wouter Claes; Eva Milants

Testimonials

‘Eva Milants knows her clients and cases really well. Always available. Thinks outside the box when necessary, anticipates problems.’

‘Their strength is without any doubt the quality of their advice/work. They are also responsive.’

‘Lars Van Bever is keen to live up to the expectations of clients and he invests in really knowing his clients.’

‘One stop shop for all legal matters in (real estate) tax, construction, corporate and civil law matters.’

‘All team members involved are expert in their domain and are used to working with each other in an integrated way.’

‘Lars Van Bever is an expert in real estate funds, corporate aspects of real estate and capital markets. His broad knowledge of all transaction and investment structures makes him a perfect sounding board when dealing with complex real estate matters.’

Key clients

AG Real Estate

Leasinvest Real Estate

Aedifica

Xior Student Housing

Care Property Invest

Retail Estates

Triple Living

ION

Skyline Europe

BE-REIT association

Warehouses De Pauw

Cofinimmo

Care Ion

NMBS/SNCB

Brussels Airport Company

Fortress

Leoville

Agentschap Wonen Vlaanderen

Work highlights

  • Advised Leasinvest Real Estate on renouncing BE-REIT status and on a business combination with Extensa.
  • Advised ION on all legal aspects of the launch of the ION Residential Platform.
  • Advised AG Real Estate on the acquisition of a landmark urban development project known as “AXS Namur”, that will comprise seven buildings, including office space, a hotel and a student residence.

KPMG Law in Belgium

KPMG Law in Belgium handles real estate transactions, developments, financing, commercial leasing, and disputes, with a number of standout clients in the construction and development sector. The team has integrated tax and regulatory expertise, allowing it to handle complex arrangements such as PPPs and public procurement, and advise REITs and other real estate investment vehicles on their transactions. The team is led by managing partner Gerald Van Walle, who advises on construction projects and real estate investments, while Jim Bauwens handles leasing and disputes matters.

Practice head(s):

Gerald Van Walle

Other key lawyers:

Jim Bauwens; Valerie Dhooghe

Testimonials

‘People are always available and very helpful. Moreover they are always up to date in a practice with a lot of evolution.’

‘They are very accessible.’

‘KPMG Law is a well balanced real estate team, they are pragmatic and know the law very well. They always strive to give the best of themselves and think along with the client. They truly help you as a client. It’s a real pleasure to work with them, they do things fast and very well. Their availability is also great.’

‘Gerald Van Walle, head of the real estate practice and now also managing partner of KPMG Law is top notch. He knows the law and is a deal maker. It’s truly fantastic to have him on your side. Associate Valerie Dhooghe is the lawyer to keep in mind as she does a tremendous job.’

‘Highly responsive, attentive to detail and form a team with their clients from day 1, being flexible enough to understand and accommodate client’s needs and concerns.’

The KPMG Law real estate team has a great legal knowledge in all real estate matters. However, this great knowledge is combined with a multidisciplinary approach, a global KPMG network and a unique and solid technological base. The team is fully integrated and strongly committed to their clients.

‘Jim Bauwens is well known in the Belgian real estate market for his expertise in leasing matters and all legal matters that have to do with asset and property management in general. Particularly strong in the retail sector, he is an authority in the market in matters of (commercial) leasing with a strong reputation.’

Key clients

Codic International SA – Codic België SA

Ertzberg SCRL

Vastned Belgium NV

Royal Properties Group – The House of Development SA

Nespresso Belgique SA

Life Tree Estate

Lovisa

Fast Retailing Group (Uniqlo, Comptoir des Cotonniers, Princesse Tam Tam, etc.)

Group Deichmann (Solebox Belgium SRL, Van Haren Schoenen SRL, Snipes België SRL)

Construction Confederation (Confederatie Bouw)

Royal Belgian Touring Club ASBL

Allianz Real Estate GmbH and Allianz Vie SA

Work highlights

  • Advsed Codic België SA on negotiating a joint venture with Allianz Real Estate for the development and divestment of an office building in the Centre Business District of Brussels, envisaged to be leased to the European Union.
  • Advised Allianz Real Estate on the acquisition through share deal of the Commerce 46 office building in the European Quarter in Brussels, which is currently under redevelopment by the seller, Immobel SA.
  • Advised Royal Belgian Touring Club on the drafting and negotiations of the lease agreement for the relocation of its offices to a new building developed by Befimmo located in the central business district of Brussels.

Monard Law

Monard Law combines its traditional strength in disputes and litigation with emerging capabilities in real estate transactions and procurement deals, most notably in the field of construction and PPP projects. The team, led by long-standing retail lease and disputes specialist Luc Linders, advises property developers, investors, and city authorities, as well as representing in litigation relating to construction disputes and permissions. Other key members of the team include Gregory Grouwels, who handles disputes and construction contracts, and PPP specialist Benoit Samyn.

Practice head(s):

Luc Linders

Other key lawyers:

Gregory Grouwels; Benoit Samyn; Stefan Van Dyck

Testimonials

‘Stefan Van Dyck – very good file knowledge’

 

Key clients

AG Real Estate

Alltech

Artes

Artone

AZ Jan Palfijn Ghent Hospital

Belfius Bank

Besix

BIV

BNP Paribas Fortis

BPI Real Estate

Breevast

Brussels University Hospital

Building & Partners

Carglass

Ciril

City of Hasselt

City of Mechelen

Compagnie Het Zoute

Cordeel

Cores

C-Power

Denys

Democo

Dillen Bouwteam

DSV Panalpina

Duvel Moortgat Group

Eco Beton nv

Eiffage Development

Evolta Engineers & Architects

Fosbury & Sons

Greenyard Group

Hasselt University

Hedin Automotive

Hubo

Immobel

Jan De Nul

KBC Bank

KBC Real Estate

Kolmont Woonprojecten

Kumpen RED

Lindbergh

Living Tomorrow

Metallo

Odebrecht

Revive

Sapa Building Group

Steps Real Estate

Terlaemen Zolder

Triginta Real Estate Fund

Triple Living

Vanderstraeten

Vanhout

Willemen Infra

Willy Naessens

ZNA

Work highlights

  • Advising Jan De Nul and its consortia on the bidding phase for several major PPP.
  • Advising Democo on the legal aspects of several infrastructure projects, PPP and mixed redevelopment projects.
  • Advising Immobel on the legal aspects of real estate development projects.

Laurius

Laurius advises investors and developers on a range of transactional real estate matters, with a strong focus on student accommodation, warehouses, and retail property work. Key areas of expertise include commercial lease agreements, joint ventures and financings, and due diligence for large-scale development projects. The practice is led by the vastly experienced Michael Bollen, a regular adviser to domestic and international real estate investors, both institutional and private equity, with a notable specialism in logistics properties.

Practice head(s):

Michael Bollen

Key clients

Quares Student Housing

Buysse & Partners

Buysse & Partners Smart Assets

Work highlights

  • Assisted Quares Student Housing, a fund that invests in student housing, with respect to several key acquisitions, including a yet-to-be-built 5,000 m² student residence in the centre of Brussels.
  • Assisting a large developer and investor in logistic real estate and private equity in Europe, with the framework of the sale of a 40,000 m² built-to-suit warehouse to be constructed near Antwerp to a large German retailer.

PwC Legal

PwC Legal advises developers, investors, and public bodies on real estate transactions, development and redevelopment projects, and urban planning, alongside associated public and administrative law issues. The practice has a multidisciplinary approach, working with the larger consultancy and its integrated tax and finance teams. The practice is led by François de Montpellier, who takes the lead on private real estate transactions and investments, alongside Els Empereur, who leads the public real estate offering, specialising in environmental law and permits.

Testimonials

They are to the point , reports are made clear and readable for non-lawyers.

We rely on PWC’s team to assist us in due diligence on several real estate acquisitions.

We called on the services of PWC in connection with a sale of a real estate company. In view of the various specialities in terms of real estate, land issues, tax and finance, we were soon able to get to work very efficiently. Everything went very well and the sale was brought to a successful conclusion thanks to the expertise of these people.