Summary and analysis of Belgium's current office capital markets conditions.
Insight
Belgium Office Capital Markets Market Dynamics, Q3 2025
- The return of large-scale transactions exceeding €80 Mln —including Arts-Lux and The Arch (owner-occupier) in Q3, and Chancelier in Q1—has provided market support.
- Investors are returning gradually to the market, with significant capital inflows from large family offices. However, liquidity remains highly selective.
- Prime yields in Brussels and Flanders remain unchanged as the market awaits additional reference transactions to establish new benchmarks.