Summary and analysis of Belgium's current industrial capital market real estate market conditions.
Insight
Belgium Industrial Capital Markets Market Dynamics, Q3 2025
- Industrial property delivered record performance, leading all sectors by the end of Q3 2025 with €1,144 million in investment volume, representing 39% of total Belgian real estate investment activity.
- Sustained investor appetite has driven yield compression across the sector. Supported by consistent fundamental tailwinds, industrial real estate became the first property segment to experience yield compression, establishing itself as the preferred asset class among both international and institutional investors.
- Portfolio sales contributed 54% of total transaction volume. Alongside large single-asset transactions, substantial portfolio deals (including Logicor, Weerts, and Makro/Metro) provided significant support to overall investment activity.