AG Real Estate invests in a wide range of real estate projects alongside a diverse range of partners and investors. Next to bonds and equities, real estate is an asset class that provides important returns at a time of prolonged low interest rates.
Even though AG Real Estate is the leading real estate asset manager in Belgium, its portfolio is anything but domestic. Among its 2015 investments AG Real Estate acquired a 36% partnership stake in a portfolio of suburban big box retail space, the largest transaction of its kind in Germany. In France, the company made its first office investment in Lyon, purchasing off plan the iconic ‘FACTORY’ building within the Ynfluences Square city block. Also in the Lyon area, a nine-year lease with BUT will provide a 60,000 m² logistics platforms.
And closer to home, AG Real Estate acquired shares in the holding company that owns the VAC Ghent office building. In Brussels, work has begun on The Mint, the hottest retail location in downtown Brussels. Through this project, AG Real Estate has taken centre stage as the leading developer of prime commercial real estate in Europe. Together with Group Heylen, AG Real Estate also set up a new 50-50 joint venture to invest in logistics real estate in Belgium and the Netherlands.