Immobel sells Belgian redevelopment project
Belgian developer Immobel has announced the sale of The Woods redevelopment project in Hoeilaart, Flemish Brabant, Belgium to a family office. Immobel acquired the vehicles holding title to the site in 2020 and completed the redevelopment in early 2022. Since the acquisition and following the full refurbishment of the site, the occupancy rate increased from 40% to about 86%. Nestling entirely within the Sonian Forest in Brussels, The 10,000 m2 scheme offers an original and up to date working environment...