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PRESTIGIOUS RETAIL SPACE AVAILABLE FOR LEASE IN EUROPEAN HUB

Shelbourne Development Group has appointed CB Richard Ellis as sole letting agent to market the retail element of its prestigious mixed use Bell’Art development in Brussels.

Located in the heart of the European business district overlooking the beautiful Parc Leopold and adjacent to lively Place Jourdan, Bell’Art comprises 8,665 sq.m. of modern office space, 110 luxury apartments and 6 -8 retail units at ground floor level (1,000 sq.m.). Retail outlets offer excellent versatility, ranging in size from 50 sq. m. to 340 sq.m. per unit and will be due for completion in September this year.

Designed by architect J.M Jasper–Eyers, the development has been constructed to the highest technical specifications and boasts allocated parking at basement level. In addition, Bell’Art benefits from excellent transport links and proximity to prominent institutions such the European Council of Ministers and the Embassies of Luxembourg, Greece and Iceland.

According to Dany Nejman, Head of Retail at CB Richard Ellis in Belgium, “Compared to 2006, the retail market in Belgium performed very well last year with good demand and increased numbers of uptake. Encouraged by favourable economic conditions, consumer confidence remains relatively high and retailers continue to focus their expansion on triple-A cities such as Brussels and Antwerp.”

Published on: 07 02 2008