Home Invest Belgium: joins forces with coliving Colonies specialist to expand rental possibilities

Under embargo until 11/17/2021 – 5:40 p.m.

Home Invest Belgium joins forces with

coliving Colonies specialist to expand rental options

Brussels, November 17, 2021 – Home Invest Belgium, the specialist in residential rental property, joins forces with the French coliving expert Coloniesto expand its offer to 24 colivings on the RQE project in the heart of the European district of Brussels.

“This new rental approach not only complements our current offering, but also offers flexible rental terms – perfect for tenants looking for flexible accommodation in the short and medium term. By joining forces with Colonies, we can also guarantee our tenants a hassle-free life and a user-friendly rental process powered by digitization and automation ” says CEO Sven Janssens.

Coliving has been around for quite some time now and is becoming increasingly popular with the general public due to the high prices of owner-occupied housing and greater tenant mobility. In other words, this form of cohabitation, where you live independently but share certain facilities, is now part of the Home Invest Belgium portfolio in the future.

The coliving units, which will be operated by Colonies, are located in the Stevin building, itself part of the largest RQE complex in the European quarter of Brussels. The building – with 24 units and a gross area of ​​972 m² – should be delivered in the first quarter of 2022. It is currently

Under embargo until 11/17/2021 – 5:40 p.m.

undergoing a total renovation which will provide an attractive look and feel. The gross initial yield of the RQE coliving project is approximately 5%.

“This new rental concept is experiencing massive growth and represents an opportunity for Home Invest Belgium. By partnering with Colonies professionals, we are able to respond more efficiently and flexibly to the housing needs of our tenants. Home Invest Belgium will certainly continue to study. this market”, says CEO Sven Janssens, explaining the reasons for their cooperation.

Full range of rental options

The RQE project stands out for the wide range of options offered: with its 10 studios, 8 one-bedroom apartments, 21 T3 apartments and 24 colivings, tenants can choose from a wide range of options.

The semi-common areas will include large kitchens, dining rooms and lounge areas with bar. To top it off, the residence has a huge garden – unique in the center of Brussels – designed as a super common space to promote well-being and contact between residents.

Under embargo until 11/17/2021 – 5:40 p.m.

Colonies confirms its expansion on the Belgian market

Home Invest Belgium has signed a nine-year emphyteutic lease for co-living units with Colonies, French coliving operator with a portfolio of more than 80 buildings and 8,000 housing units in operation or under development in France, Germany, Belgium and Luxembourg. The agreement confirms Colonies’ ambition to become a leading player in Belgium.

Founded in 2017, Colonies creates and operates new housing solutions that meet concrete housing needs. The French scale-up is based on the concept of coliving to meet the demand of young city dwellers who wish to have their own studio, while living in a residential environment where they have privacy but can effectively use large spaces of shared living such as living room, gym, cinema, outdoor areas and so on.

CEO and founder of Colonies François Roth: “The relevance of the Brussels market and its location make this project an extraordinary opportunity. With Home Invest Belgium, we are delighted to have the chance to apply the strength of our model in Brussels: to renovate dilapidated buildings in order to offer housing perfectly suited to the needs of young city dwellers. ”

Home Invest Belgium CEO Sven Janssens: “Our RQE project has something for everyone, from small to large apartments, ranging from very flexible leases for coliving arrangements to medium to long term leases for our conventional apartments. We target both the expat market and other potential tenants. We have no doubt that there will be something for everyone. ”

Under embargo until 11/17/2021 – 5:40 p.m.

FOR MORE INFORMATION

Sven Janssens

Preben Bruges

Chief Executive Officer

Financial director

Phone. : +32.2.740.14.51

Home Invest Belgium

E-mail:

Woluwedal ​​46, bus 11 B-

[email protected]

1200 Brussels

www.homeinvestbelgium.be

About Home Invest Belgium

Home Invest Belgium is a Belgian public regulated real estate company (SE-REIT) specializing in the acquisition, development, rental and management of residential real estate. As of March 31, 2021, Home Invest Belgium held a real estate portfolio worth 668 million euros in Belgium and the Netherlands.

Home Invest Belgium is listed on Euronext Brussel [HOMI] since 1999 and, as of June 30, 2021, had a market capitalization of 391 million euros.

About the settlements

Founded in 2017 by Amaury Courbon, Alexandre Martin and François Roth, Colonies is a pioneering scale-up in the coliving market. Its 40 residences in France and Germany each accommodate 8 to 20 tenants. These tenants are city dwellers looking for well-equipped, affordable and tastefully furnished living spaces that remove all the sticking points typical of coliving. Colonies currently has 90 employees, with sites in Paris and Berlin.

Colonies press contacts:

Julie Anglade – [email protected] – +33 6 44 16 45 10

Juliette Tourtiau – [email protected] – +33 7 83 50 34 27

Disclaimer

Home Invest Belgium SA published this content on November 17, 2021 and is solely responsible for the information it contains. Distributed by Public, unedited and unmodified, on Nov 17, 2021 05:59:18 PM UTC.


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