The office redevelopment potential and the impact on values
News release
21 June 2023
Brussels Regeneration
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Press Release available in Dutch & French
Brussels, 22 June 2023 - JLL (NYSE: JLL) JLL releases an in-depth study on the "regeneration" needs of tertiary buildings in Brussels. By "regeneration," we mean both bringing the buildings up to current energy standards through renovation or reconstruction and exploring sustainable alternative uses. The report begins with an analysis of the existing office stock, followed by an estimation of the renovation or reconstruction requirements. The potential for repositioning into alternative uses is also examined. The analysis concludes with an assessment of the impact of regeneration on rental values. [More...]
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.