Real Estate Resilience: Navigating the Future of Belgium's Property Market
Realty Belgium
Realty, Belgium's Real Estate Summit | 17-18 September 2024 | Gare Maritime - Brussels
This year's two-day summit provides a balanced mix of three main themes: the future of our cities, the "S" in ESG and how resilient the real estate sector is. To give you a glimpse into these themes, in this newsletter we would like to highlight two debates which, on the one hand, zoom in on our capital city of Brussels and, on the other, look at the future of real estate in our country. The moderators of these debates share their interesting views below.
Focus on the City of Brussels
Interview with?Jeroen Roppe, Spokesperson visit.brussels
'Bruxelles ma belle' or is it rather 'Brussels is a hellhole'?Opinions about Europe's capital differ around the world. But there is no doubt that Brussels is different from so many other cities and has its own identity. According to debate moderator and Brussels expert Jeroen Roppe, this is due to the various peculiarities that the capital has incorporated over the decades.
Outlook for Real Estate in Belgium
Interview with Patrick Luysterman, economic journalist
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The past two years have not been a walk in the park for the real estate sector in Belgium either. Now that the corona crisis and the explosion in energy prices are behind us, everyone is looking longingly to the reset of the real estate sector. And there is hope for improvement. The sharp upsurge in inflation in 2022-2023 has been largely reversed, even if the latter part of the ride is more laborious and slower than expected. At the same time, challenges are certainly not lacking. That funding or loans will again become almost completely free is quite unlikely. But it's not just the interest rates. The measures for support by the governments due to the corona and energy crises have largely worn off. Governments at home and abroad need to keep their balances in check. The tsunami of elections during 2024, with often hard-to-predict and surprising results, and on-going geopolitical tensions, did not and still do not immediately contribute to increased industry confidence for the near future. And confidence is exactly what the sector needs to launch its "renaissance”. After all, there is no doubt that that demand for real estate will also be quite strong in Belgium in the coming years.?
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