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See detailNew firm property and regional and local service development
Merenne-Schoumaker, Bernadette ULg

in GeolNova (2006), (12), 381-395

In less than ten years, a corporate property market has emerged in Wallonia. This market first covered offices and retail units and recently extended to semi-industrial establishments. Its development is ... [more ▼]

In less than ten years, a corporate property market has emerged in Wallonia. This market first covered offices and retail units and recently extended to semi-industrial establishments. Its development is largely related to the creation of a new type of demand resulting from the growth of new service activities and from new expectations regarding physical units, environment, accessibility and location choices – on both sub-regional and local scales. It has been favoured by the appearance of new property stakeholders, Belgians as well as foreigners (developers, investors and estate agents), but also by public authorities (the Walloon Region and economic development supra-communal agencies). This market’s emergence is related to the deepening of territorial contrasts as property development projects usually reinforce strong areas. [less ▲]

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