Clifford Chance

Clifford Chance advises Cityforward on the signing of a final agreement with Home Invest, marking a major milestone in one of Brussels’ most ambitious urban regeneration projects.

The transaction covers the future acquisition of eight former office buildings (out of a total of 17), located across three key clusters in the heart of Brussels’ European district, with approximately 70,000 m² of developable area. This forms part of a broader €280 million investment plan aimed at transforming obsolete office stock into high-quality, sustainable residential housing — a significant contribution to Brussels’ evolving urban fabric and housing needs.

This deal underscores the growing importance of sustainable redevelopment in central urban areas and highlights Cityforward’s commitment to impactful, long-term urban transformation. It also follows Cityforward’s landmark acquisition of the "EU portfolio" of 21 office buildings from the European Commission via SFPIM in 2024, further advancing the regeneration of Brussels’ European district.

The cross-practice Clifford Chance team advising on the deal was led by Real Estate partner Henri d'Ursel and Tax partner Alexandre Ooms with support from associates Thomas Linard de Guertechin and Eva Uyttendaele.