Belgium Industrial Capital Markets Market Dynamics, Q1 2026

Industrial sector demonstrates exceptional resilience, commanding 43% of total Belgian investment volume year-to-date, significantly outperforming other asset classes in an otherwise subdued market environment.

Market normalization continues with €209 million deployed in Q1 2026, representing a strategic recalibration from the exceptional peak of Q1 2025 while maintaining activity levels 42% above the Q1 2024 baseline.

Transaction consolidation drives quality focus, with average deal sizes surging 21% year-on-year to €17.5 million as investors pursue fewer but more substantial assets, particularly in the owner-occupier segment which accounts for 36.5% of semi-industrial transactions.