Firms To Watch: Real estate and construction

Antwerp-based GSJ Advocaten draws on its alliance with firms in the Netherlands and the UK to advise local and international developers and investors on real estate activities in Belgium, in particular in Flanders.
With the September 2021 hires of France Vassembrouck and Yassine Lachmiche from Monard Law, Strelia‘s real estate and administrative law team is establishing a strong presence advising on acquisitions and development.

Real estate and construction in Belgium

Allen & Overy LLP

Allen & Overy LLP pulls together specialists in corporate and M&A, tax, regulation, finance, and environmental and public law to provide full-service support to major investors, developers, and financiers in the real estate sector. Rudy Dupont leads the team with ‘profound market knowledge‘ and particular expertise in leasehold rights. Environmental law partner Gauthier Van Thuyne has broad experience across planning and permitting, while banking and finance team lead Filip Tanghe advises on project financing. Also noted are senior associates Benjamin Pirlet and Jeff Hermans, with the latter highlighted as an ‘outstanding legal professional‘.

Practice head(s):

Rudy Dupont

Other key lawyers:

Filip Tanghe; Gauthier van Thuyne; Benjamin Pirlet; Jeff Hermans; Julie Vander Donckt


‘Very experienced, hands-on, and pragmatic.’

‘Rudy Dupont has profound market knowledge, is easily accessible, and leads a good and solid team. Jeff Hermans has a solid transactional real estate profile.’

‘They listen, understand, and act in order to facilitate dealmaking in the client’s interests.’

Key clients



Deka Immobilien Investment GmbH

Real IS


Cores Development


Ardmore property fund


AG Real Estate


Heylen Warehouses

KB Securities and KB Asset Management

Work highlights

  • Advised KB Securities on the acquisition of a Belgian special purpose vehicle that owns the Galaxy Towers building complex in Brussels from AXA and ATP.
  • Advised Deka on the disposal of several assets located on Boulevard du Régent and Rue Ducale in Brussels.
  • Advised Immobel on all legal aspects of the redevelopment and subsequent sale of Michael Ostlund Property SA, the owner of the Commerce 46 building.

Clifford Chance

Clifford Chance‘s ‘respected and experienced‘ real estate team is tightly focused on transactional matters, handling the tax, financing, regulatory, environmental and planning, and corporate aspects of acquisitions, reorganisations, developments, and sales. ‘Exceptional‘ practice head Henri d’Ursel acts for Belgian and international clients including investment companies and funds as well as significant players in the hospitality and leisure sectors. Alexandre Ooms provides support on tax issues, while counsel Pieter De Bock is particularly well regarded for environmental and planning law. ‘Very responsive and reachable‘ associate Ruben Vermang is also noted.

Practice head(s):

Henri d’Ursel

Other key lawyers:

Alexandre Ooms; Pieter De Bock; Ruben Vermang


‘Always protecting the interests of its client, the team will never hesitate to think four steps ahead and to show initiative.’

‘Diverse, great people, including Henri d’Ursel. Attractive fees compared to other firms, good knowledge of the market and cross-border issues.’

‘The Clifford Chance team is a respected and experienced team who know the market and its participants. In particular, the smooth cooperation between the real estate team and tax team is a particular advantage for clients and is a rather unique offering in the Belgian market. The real estate team is furthermore commercially aware of what is happening and has short turnaround times.’

‘Always responsive and accountable. Highly professional and smart.’

‘Henri D’Ursel is exceptional – a good negotiator and people person. Alexandre Ooms is an excellent tax advisor, who is open and easy to discuss structuring matters with.’

‘Pieter De Bock always manages to use his historical knowledge of the issues presented to him.’

‘Henri d’Ursel is well-informed and especially commercially competent. He can be strict in negotiations but has the interests of the deal and client always in mind.’

‘Ruben Vermang deserves a special mention. He’s extremely dedicated to his clients and very involved in all legal aspects of a transaction. He makes sure the entire Clifford team delivers on time and with the right quality. Ruben is very responsive and reachable at all times for any possible questions for which he can always provide on-the-spot advice.’

Key clients

Allianz Real Estate GmbH

ASHT Holding GmbH

Catella Real Estate AG


Hansainvest Hanseatische Investment-Gesellschaft mbH


ICN Development

Patrizia Frankfurt Kapitalverwaltungsgesellschaft mbh

Primonial REIM France SA

Temasek International Pte Ltd


Whitewood Capital



Work highlights

  • Advised Whitewood Capital, Ethias and FPIM on the acquisition of the shares of the project company which owned the North Light and Pole Star buildings in Brussels’ Northern Quarter and which are currently the Belgian headquarters of Engie.
  • Advised Bassac, a French real estate developer, on the acquisition of its majority stake in Maison Baijot.
  • Advised Allianz Real Estate GmbH in connection with the refinancing of a real estate portfolio held by GH Group in France and Belgium by way of a €466m long-term credit facilities agreement.


Liedekerke‘s real estate team works closely with the firm’s tax, corporate and finance, and planning and environment departments, and is strong across sectors including logistics, hotels and leisure, and senior housing. Team lead Yves Delacroix is sought after for his broad transactional expertise, which includes sales and leasebacks and strategic acquisitions. Alexandre Emond advises on major developments, while Julie de Bonnet, who was raised to the partnership in January 2022, is well regarded for both contentious and non-contentious work. Senior associate Marie Heyvaert is also recommended.

Practice head(s):

Yves Delacroix

Other key lawyers:

Alexandre Emond; Julie De Bonnet; Marie Heyvaert


‘The real estate law team is easily accessible. It offers innovative solutions on sometimes very technical issues such as complex real estate transactions.’

‘The lawyers we work with are always available and willing to listen. They quickly understand our problems and provide us with very operational legal solutions.’

‘Top specialists in real estate transactions. Great and longstanding experience in local business. A highly recommended team.’

‘Great team players and always looking for a solution. Top availability. They have the ability to understand both the strategic importance of the project as well as the tiny details that keep a project on track.’

Key clients




Total Group


Wereldhave Belgium



B&B Hotels

Domitys (Groupe ÆGIDE )



TANS Group


ION Residential Platform

Thomas & Piron Batiments




Wallonie-Bruxelles International

Work highlights

  • Assisting Proximus in a sale and lease back transaction with Immobel regarding its two iconic towers in the Northern Quarter of Brussels.
  • Assisting B&B Hotels Belgium with several projects, including the acquisition of the IBIS Budget business in Liège as part of a complex and major transaction between B&B Hotels and Accor involving 30 hotels in France, the acquisition of the QBic business in Brussels, and several other hotel developments in Belgium.
  • Advising Befimmo for several years on all aspects of the ZIN project, an ambitious real estate project aiming to transform Towers 1 and 2 of the World Trade Centre complex in the Northern Quarter of Brussels.

Loyens & Loeff

The real estate team at Loyens & Loeff combines expertise in tax with a ‘deep knowledge of the real estate industry‘ to advise a broad and multinational client base on major investments, acquisitions, and developments. Christophe Laurent heads the practice, and is well regarded for his work on complex and high-value ‘tax, structuring and financial matters‘. Ariane Brohez is a ‘dealmaker‘ with broad experience on projects, while counsels Julien Lecler and Lien Bellinck are also recommended.

Practice head(s):

Christophe Laurent

Other key lawyers:

Ariane Brohez; Julien Lecler; Lien Bellinck


‘Loyens & Loeff’s real estate and construction team has a deep knowledge of the real estate industry, understands and takes into account the constraints of the client, and always acts in a business-oriented manner which is highly appreciated from a client perspective.’

‘Always proactive and looking for solutions, so that a deal is possible.’

‘Christophe Laurent has an extensive knowledge of the real estate industry and is one of the very few lawyers who can not only advise clients on the legal aspects but also on related tax, structuring and financial matters. Julien Lecler is a brilliant lawyer with a very good knowledge of the real estate industry. Great availability, meets deadlines and has very good negotiation skills.’

‘Ariane Brohez is a great partner and dealmaker. She efficiently protects the interests of the client, but knows to advise on alternatives that will work for both parties.’

‘Christophe Laurent has very good real estate legal know-how and combines this with very good tax know-how, which is a great combination to have, especially in the markets in Belgium and Luxembourg. Julien Lecler is very proactive, so that a deal runs as smoothly as possible.’

Key clients


AG Real Estate


AXA Investment Managers

BNP Paribas Real Estate Investment Management

Caisse des Dépôts et Consignations (France)

CBRE Investment Management

Covivio Hotels

Edmond de Rothschild REIM (Benelux)


La Française Real Estate Managers


Real IS AG

Swiss Life Real Estate Investment Managers

Tristan Capital Partners

Whitewood Capital

W.P. Carey

Work highlights

  • Advised AXA and ATP on the disposal of the shares of Galaxy Properties,  the owner of the North Galaxy office towers.
  • Advised AG Real Estate on the granting of a long-term lease right on Stéphanie Square, a mix of office and retail buildings located at the heart of Brussels.
  • Advised W.P. Carey on the acquisition of a long-term lease right, followed by a lease back, on the Greenyard facility in Bree.


Lydian‘s real estate, environment and regulatory team operates from the firm’s offices in Brussels, Antwerp, and Hasselt, with a strong reputation across transactional and construction and development work, advising major national developers and investors alongside smaller and mid-sized clients. Jens Debièvre is a key contact, while ‘very innovative‘ counsel Bruno Stroobants has broad experience in transactional, development, and contentious matters. The ‘talented, assertiveAnne-Victoire Vandekerckhove and the ‘simply brilliantDario Petosa, both promoted to counsel in September 2022, are also recommended. Iris Hemelaer returned to the firm from PwC Legal in October 2022.

Practice head(s):

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

Other key lawyers:

Iris Hemelaer; Kyoto Van Herreweghe


‘Experts in their domain and good knowledge of the industry.’

‘The expertise of the lawyers is very extensive. Moreover, they deliver work extremely quickly.’

‘Knowledgeable, pragmatic, and responsive. Always available and hands-on.’

‘Working with Lydian is always a pleasure. They handle projects with the most professional focus. What makes them stand out is that they know the client’s projects inside-out and anticipate issues, rather than waiting for any new developments or problems. They are always well prepared, briefed and thorough in their research, communication and reporting. ‘

‘Bruno Stroobants is very innovative in trying to find solutions.’

‘Dario Petosa is simply brilliant. He is responsive, creative and goes the extra mile. He understands business logic, can focus on key points, analyses legal risks and solutions, and puts forward practical suggestions. He has a very client-friendly, pragmatic approach. A highly dedicated lawyer and highly skilled in his field. He is also very responsive and available. He has good commercial sense and is ready at hand with advice whenever approached.’

‘Bruno Stroobants is an excellent professional team leader.’

‘Anne-Victoire Vandekerckhove is talented, assertive and quickly understands the deep aspects of the case. She has substantial experience assisting clients in a very broad array of real estate matters. She is great to work with, because she applies her in-depth knowledge of real estate law to provide objective and swift answers, and she is always available.’

Key clients

2B2 Immo BV

5N Plus Belgium / 5N Plus Inc.

Accor Hotels Belgium

Advanced Power Solutions Belgium NV

AIG Europe S.A.

Alto.Biz BV

Arcadis Belgium NV

Astridplaza NV

Aveve BV

AVK Belgium NV

AXA Belgium NV

AZ St-Jan Brugge-Oostende A.V

Baloise Belgium NV


Baron en Barones de Gruben

Belgian Real Estate Finance (Brefin NV)

BNP Paribas Fortis NV

Boouw NV

BouWatch België

Buro II & Archi + I bvba

Bruvaco NV

Bruvinvest NV

Building Group Jansen NV

BV Assurinvestment

Candor NV

Carglass NV


Church of Jesus Christ of Latter-day Saints

Ciner Glass Belgium NV

Commonwealth War Graves -Berkshire

Coordinatie Organisatie Constructie NV

Cordeel Group NV

Cycle Concepts Den Haag BV


De Molen SA

Déhora Consultancy Group BVBA

Dematic GmbH / NV

Den Trap Construct BV

Divani NV

Dornan Engineering Ltd.

DUAL Asset Underwriting Limited

EDF Luminus

Edunao SAS

Eldorado NV

Elecnor Servicios Y Proyectos S A U SucursalColombiana

Elia Transmission Belgium NV

Equans SA (Previously: Axima SA – part of Engie Group)


Euro Heat Pipes SA

EuroParcs Belgium Holding BV

EWS Consultancy

Fabricom NV

Fanuc Benelux BVBA

Fashion Line NV

Federale Real Estate

Fidelidade – Companhia De Seguros

Fitorja SH.P.K.


Fonds voor Wetenschappelijk Onderzoek

FPE (BE) Holding BV


Gemeente Wemmel

Gemimo NV

Ghent Transport & Storage NV

Goodman Belgium NV

Grammel Ralf

Happily Ever After BV

HDI Global SE – Brussel


Hoome Group NV

Houthoff – Amsterdam / München

Huis van het GO!

IMI Hydronic Engineering NV

Immo Arenberg NV

IBP Water-Link OFP

Immo Arenberg NV

Immo B.S.2M. NV

Immobiliën De Swaef NV


Immopro NV

Infrabel NV

Institute for Business Development NV

IBM (International Business Machines Corporation)

Immogra NV

I-SEC International Security BV

Jupiter Logistic Holding NV


KBC Global Services NV

KBC Groep NV

KBC Verzekeringen NV

Keyence International (Belgium) NV/SA

Kolmont Woonprojecten NV

KWS Infra BV

L&L Financial Management BV




Living Stone BV

LOM Vlaanderen


M² Architecten BVBA

Mana SA

Marbreries G. Allard et fils NV

Martal NV

McCain Foods Belgium NV

Media Markt – Saturn Belgium NV

Metro AG


Mobix Engetec NV

Mojsdis Chaside Belze VZW

Moyersoen NV

Nationaal Intermutualistisch College VVZ

Natra Malle

Ninovimmo BV

Nippon Express (Belgium) NV

Norton Rose Fulbright LLP – Amsterdam

Oklogi Hotels, S.L.

Openbare Vlaamse Afvalstoffenmaatschappij

Osar Architects NV

Oud Gasthuis Hasselt BVBA

P&V Verzekeringen CVBA

PegaCosmos BV

Pegaland BV

Pegamo I BV

Pegamo III BV

Pegamo V BV

Pegapark BV

Pegare BV

Pegason BV

Pegatrim BV

Poltronesofà Belgium NV

Provincie Limburg

Pulderbos VZW

Quares Residential Investment BV

RA-Business Park BV

R.E. Investments bvba

Real Estate and Leasing Company NV (RESLEA)

Real Estate Belgium NV

Regionale Maatschappij van Onderlinge Bijstand (RMOB)

Renotec NV

Retailors-FL NK Belgium B.V

Retailors-FL NK Ventures B.V.

Reynders Louis Bouwbedrijf NV

Robbrecht en Daem Architecten BV

Service & Development Group Belgium NV

Scholengroep impact

Socotec Belgium SRL / ASBL

Somati Systems NV

SPV Lange Velden NV

Stadsbader Contractors BV


Stora Enso Langerbrugge NV

Studio Disc NV

SVR-Architects NV

Swarovski Belgium N.V

Tans Group

Tereos Starch & Sweeteners Belgium nv

The Law Society (Brussel)

Trading Places NV

UAB MT Group

VAC De Meander NV

Van Benthem & Keulen

Van Wezel Autoparts NV

Vereecke NV

Visser & Smit Hanab NV

Vivalto Home Belgium SA / Vivalto Immo SA

VK Engineering NV

Vlaams Gewest – Afdeling Technische Ondersteuning

Vlaamse Overheid – Dept. Kans. & BZ

Vlaamse Overheid – MOW – Juridisch / LHB / Maritiem

Vlinvesta NV

VME Strijdersstraat Tienen

Volker Wessels Telecom Belgium NV

Vrije Universiteit Brussel

VZW het Domein Bokrijk

VZW Toerisme Limburg

Water-link ov

Waterzande BV

Wellene BVBA

Wetenschapspark Limburg NV

Willy Tans NV

Woenst BVBA

Wouter Witzel Eurovalve B.V.

WOW Belgium SRL

Ziekenhuis Oost-Limburg

Work highlights

  • Advising Baloise Group on its real estate activities in Belgium, including the construction of the Herman Teirlinck building on the Tour & Taxis site, five office buildings in Namur, and mixed-use buildings consisting of student housing and hotel facilities, as well as handling litigation.
  • Advising Visser & Smith Hanab in the negotiations and contract review relating to all aspects of construction contracts and subcontracts for several large and innovative projects, such as the expansion and partial replacement of the military strategic Central Europe Pipeline System (CEPS).
  • Advising Dornan Engineering on all aspects of the construction of a complex data centre for Google, including the liabilities of Google and Mace, their contractual position with different assigned subcontractors, and the negotiation with Google of the main construction agreement.


Transactional work is at the heart of Stibbe‘s real estate and construction practice, which handles sales, acquisitions, forward funding, and developments for a client base of domestic and international developers and funders. Team lead Matthias Maselis is recommended as an ‘outstanding lawyer‘, and is particularly adept at handling asset management and project work; these are also core areas of expertise for Rudy Nauwelaerts. Rony Vermeersch has a broad practice encompassing public-private partnerships (PPPs), joint ventures, and industrial construction projects, as well as dispute resolution, and senior associate Anneleen Quirynen is also noted.

Practice head(s):

Matthias Maselis

Other key lawyers:

Rudy Nauwelaerts; Rony Vermeersch; Anneleen Quirynen


‘The quality, client service and responsiveness are simply unparalleled. The team know what matters to an institutional investor. They are also very pleasant to work with.’

‘Matthias Maselis is an outstanding lawyer who is able to find the right balance between complex legal risks and commercial considerations. He is a real problem-solver and brings clever solutions to the negotiation table. We always work with him when investing in Benelux.’

‘The Stibbe real estate team stands out for its excellence. They have a strong, large and specialised practice that is able to handle complex transactions in challenging time frames.’

‘Matthias Masselis is an outstanding lawyer with an exceptional ability to contribute to his clients’ business.’

‘What makes Stibbe unique is the commercial flair the real estate team has to come to a balanced deal that will result in a long-term partnership between the lessor and the tenant or the vendor and the buyer long after the signing of the transaction documents.’

‘Matthias Maselis is a great practitioner, exceptionally commercially minded, with a very good understanding of commercial implications and very hands-on.’

‘Matthias always goes above and beyond to help. He is available, quick, commercial and above all very pleasant to work with.’

‘Matthias Maselis has in-depth real estate investment and deal structuring knowledge.’

Work highlights

  • Advising RE Invest Belgium SA, an entity fully controlled by one of Brookfield’s private real estate funds, on the all-cash voluntary public takeover offer for all outstanding shares in Euronext Brussels-listed real estate company Befimmo SA.
  • Advising on the restructuring and distressed sale of the €4.66bn real estate portfolio of Belgian pension fund Integrale to Monument Assurance Belgium.
  • Advising Union Investment on the acquisition from Patrizia AG of the company which owns the Astro Tower skyscraper in Brussels.

Baker McKenzie CVBA/SCRL

With the highly regarded Jean-François Vandenberghe at the helm, Baker McKenzie CVBA/SCRL‘s ‘pragmatic and efficient’ real estate and construction team has a strong reputation for transactional work, with experience of advising on investments, acquisitions and disposals, forward funding, and commercial and retail lease agreements. Vandenberghe draws able support from lawyers including senior associate Helena Verbeek, and the team also collaborates with various other departments at the firm, benefitting from specialist expertise in areas including environmental, tax, and administrative law.

Practice head(s):

Jean-François Vandenberghe

Other key lawyers:

Helena Verbeek


‘The team is pragmatic and efficient. They have experience in all real estate niches. The partner is often involved directly, which makes for pleasant negotiations.’

‘Jean-François Vandenberghe is one of the brightest minds in the business – very trustworthy, honest and discrete, and always available. A very good negotiator as well.’

‘The unique quality of Baker McKenzie is their ability to speak the same language as their clients. The team’s communication is very clear and to the point. If problems are found, there are always possible solutions suggested.’

Key clients

Aberdeen Standard Investments

Al Zayani Investments




D’Ieteren Immo

Equity Estate

Goldman Sachs


Hansa Invest

Inter Real Estate Trusty

KBC Real Estate

Koramic Real Estate

Nextensa (formerly Leasinvest)



Work highlights

  • Assisted Baltissimo with the forward funding acquisition of Blue Line Storage from Dematra.
  • Assisting an institutional investor managed by Aberdeen with the acquisition of a logistics warehouse in Gosselies let to the McKesson logistics group from Goodman and with the financing of the acquisition.
  • Assisted Immo Genk Zuid with the disposal of a 75,000 sq m warehouse complex in Genk to a joint venture between Whitewood and Tristan Capital.

DLA Piper

The real estate team at DLA Piper is led by Joseph Spinks, who has notable experience spanning domestic and cross-border transactions, regulatory advice, and projects work. The practice advises on issues including share deals, fund structuring, financing, and the acquisition and disposal of assets, with notable support from the firm’s planning, corporate, and tax departments. Bob Martens is a key contact for PPP work, while associate Luana Huybrechts is strong in M&A, venture capital, and private equity matters.

Practice head(s):

Joseph Spinks

Other key lawyers:

Bob Martens; Luana Huybrechts


‘Joseph Spinks has excellent knowledge.’

Key clients

Riyad Capital


777 Capital Partners




Royal Cosun

Green Create


Ark Data Centres


Merlin Entertainment Developments Limited


Vlaamse Radio en Televisie (VRT)

Levi Strauss

CBRE Global Investors

NH Hotels


Safra Bank

Lucid Motors


A&O Hostels



Restoration Hardware

Work highlights

  • Advised 777 Partners LLC, a US private equity fund, on the takeover of Belgian football club Standard de Liège.
  • Advised Fluvius System Operator CV on the real estate aspects of an investment of €2bn in a joint venture with Telenet to evolve the hybrid fibre coaxial network infrastructure in Flanders.
  • Advised Lucid Motors, a manufacturer of electric vehicles, on its expansion into the Belgian market, negotiating the contractual documentation for its first retail location (including the lease and development aspects).


Offering ‘high-quality and fast services‘ in all aspects of real estate transactions, Linklaters‘s real estate team covers financing, public procurement, project development, and corporate M&A for real estate funds and investors, with additional capabilities in litigation and planning and permitting. Yves Moreau heads the team, with experience in the full range of complex real estate transactions. Pieter Puelinckx is also noted, while counsel France Englebert brings specialist expertise in the hotel sector to the team.

Practice head(s):

Yves Moreau

Other key lawyers:

Pieter Puelinckx; France Englebert; Lothar Van Driessche; Melissa Verplancke


‘Professional team with experts in diverse matters.’

‘Flexible and offering high-quality and fast services. Multilingual and keep in close contact with the client. Interaction with the teams in other countries is a plus.’

Key clients


CBRE Investment Management




VEREF I Management (Victory Advisors)

Thomas & Piron

Matexi Group

AG Real Estate

Inter Real Estate Trusty


Work highlights

  • Advised CBRE Investment Management Belgium and PEC Holdings on the structuring and incorporation of a joint business with a view to progressively acquiring a portfolio of SPVs holding existing and future logistics assets across Europe.
  • Advised Thomas & Piron Holding on the acquisition of Belgian construction group BAM Galère and its Luxembourg subsidiary.
  • Advised Les Mousquetaires – Intermarché, a French retail group, on the acquisition of a Belgian retail group, a subsidiary of the Carrefour Group.


NautaDutilh‘s real estate team works with specialists in M&A, planning, and tax to provide full-service support to clients ranging from investors and developers to end-users. With ‘broad expertise‘ across all aspects of real estate law, team lead Didier De Vliegher is a key contact for financing and complex transactions. Other key names include Thibaut Willems and public and regulatory team head Jens Mosselmans. Senior associate Louise Anne Bertin is also recommended for her ‘professionalism‘ and ‘high level of expertise‘.

Practice head(s):

Didier De Vliegher

Other key lawyers:

Thibaut Willems; Jens Mosselmans; Louise Anne Bertin


‘NautaDutilh’s team is highly skilled and uniquely experienced in this area and very responsive to the client’s needs, even on very tight timelines. The team also works collaboratively with clients to ensure that outcomes are fully focused on the client’s desired goals.’

‘A strong team, with strong back-up capabilities. They think along with the client but also ahead.’

‘The team is able to handle any aspect of a real estate project or transaction.’

‘Particular strong points of the team are efficiency, a hands-on approach, and a strong focus on finding solutions. Result-driven.’

‘Didier de Vliegher’s broad expertise allow him to tackle any aspect of real estate transactions. Calmness, determination and a constructive attitude in all circumstances, even difficult ones. Didier always has the right tone. He also does not hesitate to put his team forward. Louise Anne Bertin’s shows professionalism and competence.’

‘Louise-Anne Bertin brings a particularly high level of expertise and experience to dealing with real estate issues. She maintains excellent communication on key issues and is highly responsive in all situations.’

Key clients



AG Real Estate

Ares Management Limited


Basic Fit International





GTT Group

Invesis België


Macquarie Capital


Work highlights

  • Assisted Ares Management Limited with all aspects of the acquisition financing for the Zuiderpoort office complex, with a deal value exceeding €100m.
  • Advised Bionerga on the development of a major heat network in Flanders.
  • Advised Macquarie Capital (Europe) Limited on a PPP to design, construct, finance and maintain a new high-end bus and tram depot, with maintenance halls, a marshalling area, and a tram cleaning and sanding shop, with a deal value exceeding €100m.


The ‘accessible and multidisciplinary‘ real estate and construction team at Schoups is a key port of call for construction-sector clients, including both domestic and international contractors and developers, with expertise in issues including project development, public procurement, and dispute resolution. Team head Marco Schoups is an expert in construction law, while Kris Lemmens heads up the firm’s public procurement and PPP efforts. Maarten Somers focuses on project work, and Ewoud Willaert is experienced in tenancy law.

Practice head(s):

Marco Schoups

Other key lawyers:

Kris Lemmens; Maarten Somers; Ewoud Willaert


‘The team is very accessible and multidisciplinary. Collaboration with external legal counsel at the request of client is always an option. It is about getting the job done and not about shining as an individual. Advice is hands-on but with a good legal background. Price is commercial and billing is transparent.’

‘Experts in their domain and good knowledge of the industry. Excellent follow-up on cases and able to act fast when required. High level of partner involvement, and easily reachable.’

‘The firm are really professional in providing their services to clients. The advice they give is both complete and practical, keeping the client in mind.’

‘Excellent service and quality advice. Sector knowledge of the highest level.’

‘Marco Schoups and Kris Lemmens are hands-on, pragmatic, very approachable, and give quick feedback.’

‘Kris Lemmens and Maarten Somers are easily reachable and think together with the client with a view to rendering quality advice which is also hands-on and practical.’

‘Marco Schoups is a top professional in all areas of construction law.’

‘Standout team members are Marco Schoups, Maarten Somers, and Kris Lemmens. They are all enthusiastic lawyers, each passionately interested in their specialised field, and they deliver professional, high-quality service.’

Key clients

BAM Contractors


CFE Bouw Vlaanderen

CFE Infra/Aannemingsmaatschappij CFE

Cordeel Zetel Temse and Cordeel Zetel Hoeselt



BAM Interbuild


Simont Braun

Helmed by ‘true dealmakerManuela Von Kuegelgen, Simont Braun‘s real estate and construction team is especially active in major development projects, advising clients including city governments and other public authorities. Von Kuegelgen has broad experience across real estate and public and administrative law, and Béatrice Thieffry brings additional expertise in dispute resolution to the team. Of counsel Renaud van Melsen is well versed in public and constitutional law, while counsel Laura Grauer is particularly recommended for her work in public procurement.

Practice head(s):

Manuela von Kuegelgen

Other key lawyers:

Béatrice Thieffry; Laura Grauer; Renaud van Melsen


‘One-stop shop real estate team dedicated to the client. No matter which partner is your contact, the whole team can follow up on the client’s issue. Strong experience in the real estate sector and on the construction side as well.’

‘Manuela Von Kuegelgen has the ability to quickly grasp the issue raised and target the real points requiring attention. She is a true dealmaker and rather than continuing sterile or unnecessarily costly meetings, she will advise you when to compromise if she thinks it is useful. A real relationship of trust is established with her. Fully aligned with the client’s objectives.’

‘Very accurate knowledge of the planning and real estate sector in Brussels. Team involvement and availability. Sound advice and innovative proposals for setting up and finding the best solutions. Knowledge of many references and cases relevant to our problems.’

Work highlights

  • Assisting the City of Brussels in the development and realisation of the new police headquarters for the Brussels-Capital-Ixelles area, due by 2025.
  • Advising the Urban Development Corporation of the Brussels-Capital Region (SAU) on all real estate projects and matters.
  • Advising Foundation Kanal regarding the creation and implementation of a contemporary and modern art and architecture museum on the site of the former Citroën building in the centre of Brussels.


AKD‘s ‘sophisticated‘ and ‘broad‘ real estate practice is led by Steven Ongena and Simon Ceulemans, and advises domestic and international clients on matters including acquisitions and relocations. Clients range from investors and owners to occupiers, in the retail sector in particular. Counsel Pol Cools is also highly regarded, with broad experience in real estate transactions and structuring.

Practice head(s):

Steven Ongena; Simon Ceulemans

Other key lawyers:

Pol Cools


‘The team has a perfect balance between providing sound legal advice and practical commercial business advice.’

‘Simon Ceulemans is excellent.’

‘Sophisticated, broad real estate practice with forward thinking on business solutions and legal advice. Extremely responsive. Partners maintain the relationship and control over their deals instead of entirely delegating to an associate.’

‘Simon Ceulemans is a star. Tenacious, thoughtful and practical. He is also really pleasant to work with.’

‘Great team.’

‘Simon Ceulemans is an excellent real estate lawyer.’

Key clients

Hilfiger Stores Belgium (PVH Group)

Calvin Klein Stores Belgium (PVH Group)

Claire’s Accessories


Stella Bikes

IMDC (Grain de Malice)

Retif Belgium

RJB Belgium

Esports Club


City of Antwerp

Willemen Infrastructure

Bank of New York Mellon

LEAPPP (a joint venture between Federale Verzekeringen and Willemen Infra)

All Budget Hotel


Wirtgen Invest

P3 Logistics

Work highlights

  • Advised German institutional investor KGAL on its first landmark investment in the Belgian market, by means of the acquisition of two office buildings on Avenue Louise in Brussels.
  • Advised Bank of New York Mellon on relocating its Brussels HQ to the Multi tower, a new office building in Brussels’ central business district that is currently under development.
  • Assisting a pan-European retailer with its re-entry into the Belgian market by negotiating a new lease for a flagship store in a leading shopping centre.


ALTIUS‘s real estate and regulatory practice is led jointly by Lieven Peeters, who focuses on transactional work, and William Timmermans, who specialises in regulatory issues. The team is active in significant development projects with cross-border elements. Counsel Caroline De Mulder rejoined the firm from an in-house role in April 2022, bringing additional capacity in public procurement, construction, and planning matters.

Practice head(s):

Lieven Peeters; William Timmermans

Other key lawyers:

Caroline De Mulder

Key clients

MARK (Meyer Bergman)


Patron Capital

DFDS Group

Belfius Insurance S.A.

Corinthia Hotels

Foot Locker




WP Carey


KBC Verzekeringen

Molenwater Groep N.V.

Maxeda DIY Group

Limehome GmbH




United States Government


Farm Frites




Fiberklaar B.V.

Work highlights

  • Assisting the US Government with the potential acquisition of a four-hectare site with 100,000 sq m of office space for its new embassy in Brussels, a stone’s throw from the EU institutions.
  • Assisting Maexeda DIY Group with the real estate-related aspects of its store portfolio.
  • Assisting Fiberklaar NV with various aspects of the rollout of its fibreglass network in Belgium in partnership with Belgium’s largest telecoms operator.


CMS advises on real estate issues including investment, occupancy, development, and financing for a client base including banks, investment funds, and hotel operators. Practice head Bruno Duquesne has experience in asset and share deals and portfolio management. Pierre-Axel Chabot is particularly well regarded in the hotels and hospitality sector, while senior associate Catherine Matton is also recommended.

Practice head(s):

Bruno Duquesne

Other key lawyers:

Catherine Matton; Pierre-Axel Chabot

Key clients

Münchener Hypothekenbank



Fidentia Real Estate

Blueground Corporate Housing



SLRB – CityDev




Eiffage Development

Standard International

Ennismore Hotel Hoxton

M&G Real Estate

Work highlights

  • Acting on a property finance transaction on behalf of Münchener Hypothekenbank.
  • Acting on behalf of Belgian real estate investment fund and asset manager Fidentia Real Estate on a sale and leaseback transaction with Pfizer.
  • Assisting Everland, a hospitality asset manager and developer, on the development of several housing and hospitality projects in Belgium.


Deloitte Legal‘s real estate team is headed by Maximilien Van De Werve, who has significant experience of advising domestic and international clients on transactional matters relating to the full range of asset classes, from residential homes to hotels, industrial buildings, and infrastructure projects. Other notable practitioners include David Roelens and public law specialist Kathleen De Hornois.

Practice head(s):

Maximilien van de Werve

Other key lawyers:

David Roelens; Kathleen De Hornois; Julie Collin


‘Maximilien van de Werve stands out.’

Key clients

European Commission


Global Estate Group & Life Tree



Ciril (ex-DMI)




Serris REIM


The ‘hands-on‘ and ‘pragmatic‘ real estate team at Eubelius works closely with the firm’s tax practice to advise major real estate investment trusts (REITs) on projects, portfolio management, and regulatory issues. The team is jointly led by corporate real estate lawyer Lars Van Bever and tax specialist Wouter Claes. Senior attorney Eva Milants is also recommended.

Practice head(s):

Lars Van Bever; Wouter Claes

Other key lawyers:

Korneel Decroix; Eva Milants


‘The team is very hands-on, pragmatic and works together with the client to think of a solution that also works in practice. While often seen in the sector as a law firm which is very theoretical, the contrary is true. The team provides legal advice which is based on a solid legal reasoning, while taking into account the specifics of the sector and the deal. The team is also very friendly and always reachable for further explanations and feedback.’

‘Very good knowledge of the sector. Practical approach. Quick response time.’

‘Multi-disciplinary team, combining top-notch legal advice with fiscal advice.’

‘Always ready to help. High level of partner involvement too. No-nonsense approach.’

‘Their strength is without any doubt the quality of their advice and work. They can handle very sophisticated, complex matters and they are also inventive in finding new deal structures. They are very responsive, with respect for deadlines.’

‘Lars Van Bever acts for real estate companies with a high level of sophistication, and is very responsive. Wouter Claes is strong on tax issues – an inventive lawyer in relation to deal structures, without taking any unnecessary risks.’

‘Lars Van Bever and Eva Milants have in-depth knowledge with respect to the structuring of real estate funds. The team is also very efficient in real estate transactions and negotiations. Wouter Claes and Korneel Decroix are experts in the domain of real estate taxation.’

‘Korneel Decroix and Wouter Claes are your go-to persons when it comes to tax-related questions in relation to real estate. They have a thorough knowledge of all tax-related matters in relation to real estate and really understand the sector. We would highly recommend them when you need solid, yet hands-on legal advice.’

Key clients


AG Real Estate

Retail Estates

Warehouses De Pauw

Skyline Europe

Care Property Invest

BE-REIT association




Work highlights

  • 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 on the sale of 55% of the shares in Maisons Baijot group (one of Wallonia’s largest family-owned contracting companies) to Euronext Paris-listed entity Bassac.
  • Advised AG Real Estate on the acquisition of Anima Care, including a portfolio consisting of approximately 30 care homes for the elderly.

KPMG Law in Belgium

KPMG Law in Belgium‘s real estate team focuses on transactional work, from takeovers of real estate companies to the acquisition, development, and divestment of assets. Managing partner and practice head Gerald Van Walle advises on major development projects. Jim Bauwens focuses on the retail sector, while senior counsel Sébastien De Callataÿ and senior associate Valerie Dhooghe are also noted.

Practice head(s):

Gerald Van Walle

Other key lawyers:

Jim Bauwens; Sébastien de Callataÿ; Valerie Dhooghe


‘The KPMG Law real estate team have great legal knowledge in all real estate matters. This is combined with a multidisciplinary approach, the global KPMG network, and a unique and solid technological base. The team are fully integrated and strongly committed to their clients. Lawyers from different areas of legal expertise work closely together, covering all fields of real estate law and delivering a complete legal solution. In addition, the team are very well balanced in terms of seniority, guaranteeing the dedicated involvement of senior lawyers on every file.’

‘It is a pleasure to work with the team as they are always available and respond within a short timeframe. The information they provide is clear for every client, even people who are not lawyers. Furthemore, the team always provide a clear and realistic timeline for the work that will be performed. In terms of specific topics, the team also looks for the necessary expertise within the firm.’

‘Availability, including for urgent questions. Clear communication. Industry and corporate law knowledge. Sparring partner for difficult dossiers.’

‘Very structured with a high level of commitment to the client. Local knowledge and the willingness to bring solutions to the table.’

‘The team is led by Gerald Van Walle, who has great knowledge of the law combined with a truly pragmatic approach. He’s a dealmaker and assists in very complex and challenging projects. He is supported by a great team, who are willing to go the extra mile and very hands-on. The team is also very diverse and has all the knowledge which you expect from a top law firm available.’

‘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 commercial leasing matters, with a strong reputation. He is trustworthy, reliable and delivers on time.’

‘Gerald Van Walle is supported by a good team. One lawyer in particular to mention is Valerie Dhooghe who has very good legal knowledge and is hands-on. It is a true pleasure to work with her.’ 

‘Sébastien de Callataÿ is able to explain complex topics to the client, and is very engaged.’

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 Belgium BV

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

European Aviation Safety Agency (EASA)

AZ Groeninge VZW

Cofinimmo SA

All Yield

Steps & Co Real Estate

Eeckhout & Dochters BV

Smartunit NV

Work highlights

  • Assisted Codic België SA in negotiating the long-term lease of an office building in a premium location in the centre of Brussels, next to the central train station, consisting of almost 15,000 sq m of offices and a retail area on the ground floor, and subsequently assisted with the commercialisation of the building, currently under redevelopment (the Chancelier project).
  • Assisted the Construction Federation (Confederatie Bouw) with the sale of its current headquarters in Brussels’ central business district to ION and Eaglestone.
  • Assisted Smartunit SA with the acquisition through a share deal of a semi-industrial site in Halen of approximately 25,000 sq m.

Monard Law

Led by Luc Linders, Monard Law‘s real estate and construction team is particularly well regarded for its work on public infrastructure projects. PPP specialist Benoit Samyn is especially strong in this area, while Gregory Grouwels has expertise in construction-sector disputes. Promoted to partner in September 2022, Stefaan Van Dyck focuses on real estate transactions, including acquisitions and disposals, developments, and leases.

Practice head(s):

Luc Linders

Other key lawyers:

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


‘The team is very hands-on, fast and commits itself to acting 100% in the client’s best interest. They have a real passion for their work.’

‘The team at Monard Law has a very wide range of legal knowledge and can assist a client in almost every area of professional business.’

‘The engagement of the partner is exceptional. They have excellent expertise, give clear advice, always keep the best interests of their client in mind, are very approachable and manage to balance cost with quality.’

‘Lawyers who look at an issue not only from a legal perspective but with an entrepreneurial mindset, asking how they can resolve things instead of which obstacles they see. Goal-oriented as well. A true partner for their clients.’

‘Personal service, multidisciplinary approach.’

‘Professional and committed.’

‘Stefaan Van Dyck has good knowledge of the file and adapts well to the requirements and expectations of his client. He provides the right legal framework for our interests and commercial principles.’

‘Gregory Grouwels is a person that always stays calm, though he defends the client completely. He has a lot of knowledge and will try to come to a solution that is always financially beneficial for the company. Michael Vloeberghs feels for the client’s company as if it were his company, which is a quality only a few lawyers possess. We can always contact him.’

Key clients

AG Real Estate




Belfius Bank


BPI Real Estate


Brussels University Hospital

Building & Partners




Cores Development




Dillen Bouwteam


Duvel Moortgat Group

Eco Beton nv

Fosbury & Sons

Greenyard Group

Hasselt University




Jan De Nul

KBC Bank

Kumpen RED


Living Tomorrow




Sapa Building Group

Steps Real Estate

Triple Living



Willemen Infra

Willy Naessens

Zolder Terlaemen Circuit

Work highlights

  • Advising contractor Democo (and its affiliate Ciril) on the legal aspects of several real estate development and insfrastructure projects.
  • Assisted developer and investor Cores with its disposal of the shares of the project companies which own an office building in Antwerp.
  • Advising 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 (Belgium) CVBA (a member of Eversheds Sutherland)

Johan Joos heads the real estate and planning team at Eversheds Sutherland (Belgium) CVBA (a member of Eversheds Sutherland), with experienced partner Dirk Caestecker another key figure. The practice advises on a broad range of significant real estate acquisitions, including multiple and single-family residences, retail and mixed-use properties, and data centres.

Practice head(s):

Johan Joos

Other key lawyers:

Dirk Caestecker


‘Eversheds Belgium’s real estate practice is a go-to team in the Belgian real estate industry.’

‘Johan Joos has a great service-minded attitude and is always eager to help and exceptionally available and engaged. He is determined to help us close as many real estate deals as possible. He is particularly detail-oriented, which is generally difficult to find in partners with his level of experience. He knows the market and is able to guide you through it effectively. It is nice that there is a consistency in staffing on our deals.’

Key clients

Bolder Industries, Inc.


DXC Technology

EQT Exeter


Johnson Controls


Microsoft Corporation

Parker Hannifin Corporation

The Sherwin-Williams Company


Institutional investors seek out the real estate team at Laurius for assistance on major transactions. Michael Bollen heads the team with Christina Trappeniers, who has significant experience in the healthcare sector, where she advises clients on the development of care and assisted living homes.

Practice head(s):

Michael Bollen; Christina Trappeniers


‘The team works together well, enabling a variety of questions from various fields to be answered quickly and efficiently.’

‘Good legal knowledge of the sector, very responsive and available.’

‘Professional approach, ready to tackle challenges together with the client.’

‘Dedicated hands-on support.’

‘Michael Bollen has very good legal and practical knowledge of the sector. Fast and responsive. Reasonable fees. Calm and friendly person.’

‘Christina Trappeniers has the rare gift of being able to explain legally complex files to opposing parties in clear, plain language, which always enables difficult negotiations to be brought to a successful conclusion.’

‘Michael Bollen is a perfect sounding board and legal support on all of our real estate transactions.’

Key clients

Quares Student Housing

Buysse & Partners

Buysse & Partners Smart Assets

My-Assist BV

QJD Developments SRL

Quares Residential Investment

Whitewood Capital

Tristan Capital Partners



AGP Glass

XYZ Invest NV





Work highlights

  • Co-advised Quares Student Housing in the context of the successful public bid by Euronext-listed REIT Xior Student Housing of €156m for the entirety of the shares of Quares Student Housing.
  • Advised Tristan Capital Partners and Whitewood Capital on the acquisition of a logistics complex in Genk from Immo Genk-Zuid, managed by KBC Bank, for €32m, and on re-financing the acquisition through a KBC credit facility.

PwC Legal

The real estate team at PwC Legal is led by François de Montpellier, and has a particularly strong reputation for transactional work, advising domestic and international clients on acquisitions and developments. Managing associate Katrien Antonis is also noted, with experience in due diligence.

Practice head(s):

François de Montpellier

Other key lawyers:

Els Empereur; Katrien Antonis


‘Good legal team with broad experience in real estate matters in Belgium.’

‘François de Montpellier is our reference within PwC Legal.’

Key clients

3d real estate

Quadoro Investment GmbH


Cofinimmo SA

Baltisse SA

European Commission

Ville de Mons

Nextensa NV

Brimo NV


Weerts Group







Work highlights

  • Assisting Baltisse SA with the acquisition of Souverain 100, a 15,000 sq m multi-tenant office building located on Boulevard du Souverain in Brussels.
  • Assisting Redevco NV with the legal structuring of a project with Shell for the installation and operation of electric charging stations at all the client’s retail sites in Belgium.
  • Assisting 3D Real Estate in a dispute with one of its contractors regarding the development of a residential housing project in Ghent.