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Marketbeat Belgium: Office, Retail, Industrial & Living Sector Q2 2025

Cushman & Wakefield MarketBeat reports analyse quarterly Belgium commercial property activity across office, retail and industrial real estate sectors including supply, demand and pricing trends at the market and submarket levels.

Key Takeaways

  • Retail: letting activity rebounded in Q2, especially in high streets and shopping centres. Investor confidence is improving, with a slight compression in prime yields for out-of-town retail.
  • Logistics & Semi-Industrial: prime rents are edging up in the Brussels area, supported by a landmark Cushman & Wakefield deal. Investors remain active, with Q3 already showing promising signs.
  • Brussels Office: take-up stabilised in Q2, driven by a few large-scale deals from European institutions. Prime rents remain steady, with upward pressure likely on ESG-compliant buildings.
  • Regional Office: take-up slowed in most cities, though Mechelen stood out with strong activity. Prime rents are holding, while investment volumes remain limited.
  • Living: while investment activity remains selective, solid rental demand and long-term demographic trends continue to support the sector’s potential.

Latest MarketBeats

Brussels Office Marketbeat
Office Brussels Marketbeat

Office Marketbeat is a summary of the Brussels office property sector providing comment on recent trends as well as market data and analysis.

DOWNLOAD Q2

Belgium Regional Office Marketbeat
Regional Office Marketbeat

Office MarketBeat is a brief summary of the office sector in key cities across Belgium, providing comment on recent trends as well as market data and analysis.

DOWNLOAD Q2

Logistics & Industrial
BELGIUM INDUSTRIAL MARKETBEAT

Industrial Marketbeat is a summary of the Belgium industrial and logistics property sector providing comment on recent trends as well as market data and analysis.

DOWNLOAD Q2

Retail
Belgium Retail Marketbeat

Retail MarketBeat is a brief summary of the retail sector in key cities across Belgium, providing comment on recent trends as well as market data and analysis.

DOWNLOAD Q2

Living
BELGIUM LIVING MARKETBEAT

Living Sector MarketBeat provides bi-annual insights into demographic trends, investment shifts, and letting movements shaping multi-family, senior, and student housing.

DOWNLOAD Q2

Meet our Research team

Benjamin Devie
Benjamin Devie

Senior Analyst
Brussels, Belgium


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Annechien Veulemans
Annechien Veulemans

Associate Director
Brussels, Belgium


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