News release

JLL BeLux Capital Markets Team facilitates successful sale of Volontaires 10 property

This transaction highlights the ongoing interest of Belgian investors in multifamily assets in Brussels.

April 08, 2024

Vincent Van Brée

Head of Capital Markets Belux
+32(0)2 550 25 25

Valina Sempot - VSMC srl

Head of Marketing & Communication, Research & Data Knowledge Belux
+32 (0)2 550 25 37

JLL is pleased to announce that our JLL BeLux Capital Markets team has successfully advised Daelmans Vastgoed on the sale of Volontaires 10, a multifamily property located in the heart of Brussels. The buyer, Buysse & Partners Smart Living, a dedicated residential investment fund managed by Buysse & Partners - Private Equity & Real Estate, recognized the potential of this property and seized the opportunity to invest in the growing rental market of Brussels.

Volontaires 10 is an attractive building constructed in 2008. With its prime location in Etterbeek, Brussels, the property has enjoyed high demand from tenants and a strong track record of occupancy. The multifamily property comprises 32 apartments and 29 parking units, making it an appealing investment opportunity for Buysse & Partners Smart Living.

This transaction highlights the ongoing interest of Belgian investors in multifamily assets in Brussels. The local rental market is currently characterized by a shortage of quality housing stock, leading to increasing rental prices. As a result, investing in rental properties in Brussels is an attractive opportunity for investors seeking stable returns.

"We are very pleased to announce that our JLL BeLux Capital Markets team has successfully advised Daelmans Vastgoed with the sale of Volontaires 10," said Vincent Van Brée, Head of Capital Markets at JLL BeLux. "This transaction is a testament to the expertise and dedication of our team in delivering successful outcomes for our clients. It also showcases the attractiveness of the Brussels multifamily market and the potential for strong returns in this sector."

The JLL BeLux Capital Markets team has a proven track record of executing successful transactions and providing expert advice to clients across Belgium and Luxembourg. 

 

 


About JLL

For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500® company with annual revenue of $20.8 billion and operations in over 80 countries around the world, our more than 106,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.