Quares Group Quality Benelux > 80 7,0 Innovation in Real Estate Employees Million EUR 2
Quares Group AGENCY (BE) INVESTMENT MANAGEMENT CONSULTING 3
Quares Group AGENCY (BE) INVESTMENT MANAGEMENT CONSULTING Offices A t erp Meche e St-Nik aas 4
Quares Group AGENCY (BE) INVESTMENT MANAGEMENT CONSULTING Kapitaa lstructu ur 5
Quares Group AGENCY (BE) INVESTMENT MANAGEMENT CONSULTING 2 d argest i depe da t Rea Estate Ma ager 2 u der a age e t 32 bui di gs 6
Residential Market in Flanders European perspective 1. Available income 10,4% of income related to housing Available income Europe 11,4% on European basis GE / NL / UK > 15% LUX < 7% 7
Residential Market in Flanders European perspective 1. Available income 10,4% of income related to housing Available income Europe 11,4% on European basis GE / NL / UK > 15% LUX < 7% 2. Owner / Tenant 72 % Owner / 28% Tenant Owner / Tenant Europe 70 % Owner / 30% Tenant GE > 45% LUX < 28% 8
Residential Market in Flanders European perspective 1. Available income 10,4% of income related to housing Available income Europe 11,4% on European basis GE / NL / UK > 15% LUX < 7% 2. Owner / Tenant 72 % Owner / 28% Tenant 3. Average m² 124 m² Owner / Tenant Europe 70 % Owner / 30% Tenant GE > 45% LUX < 28% Average m² Europe 94m² GE < 95m² LUX > 130m² 9
Economical situation in Belgium 261 blj. EUR on Belgian accounts De Belgische spaarboekjes dikken opnieuw aan. In december stond er 261,6 miljard euro op de boekjes. Dat blijkt uit de jongste statistieken van de Nationale Bank. Return on saving account is historical low De grootbank KBC heeft de rente op spaarrekeningen gehalveerd van 0,10% naar 0,05%. De getrouwheidspremie van 0,10% blijft ongewijzigd Inflation today > 1,8% Decreasing buying power Er is een dalende koopkracht voor mensen die hun geld op de bank laten staan. + 20% of mortgage credits for 2nd real estate properties Van alle hypothecaire kredieten bij marktleider BNP Paribas Fortis is een op de vijf bestemd voor de aankoop van een tweede pand. Barbara Dewulf, projectmanager woonkredieten bij BNP Paribas Fortis. 10
Residential Market in Belgium 1973 1974 1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 16 Evolutie prijzen tov inflatie 14 12 10 8 6 4 2 0 woningen app INFLATIE 11
Residential Market in Flanders 1. Evolution of prices 2004 2014 % Appr. / Flats / Studio s 129K 214K +66% Houses 110K 215K +95% Villas / landhouses 302K 355K +18% 12
Residential Market in Flanders 1. Evolution of prices 2004 2014 % Appr. / Flats / Studio s 129K 214K +66% Houses 110K 215K +95% Villas / landhouses 302K 355K +18% 2. Trends Increasing flow to A & B cities Distinction between Occupier for their own compared to Occupier for investment Yield or Emotion Important additional trends Smaller (costs, time, etc ) lower surface for app. & houses Starterflats / co-housing / student flats Development in cities: nearby public transport new appartments (2016/2010: + 18%) 13
Residential Market in Flanders 1. Evolution of prices 2004 2014 % Appr. / Flats / Studio s 129K 214K +66% Houses 110K 215K +95% Villas / landhouses 302K 355K +18% 2. Trends 2. Survey Increasing flow to A & B cities Distinction between Occupier for their own compared to Occupier for investment Yield or Emotion Important additional trends Smaller (costs, time, etc ) lower surface for app. & Houses Starterflats / co-housing / student flats Development in cities: nearby public transport new appartments (2016/2010: + 18%) 14
Residential Market in Flanders - Antwerp Antwerp 2015 2016 Nr. transactions 4.275 4.906 Price 201K 198K Very ambitious projects Real Estate Projects Transformation programs for parts of city ( t Eilandje / Zuid) 15
Residential Market in Flanders - Gent Gent 2015 2016 Nr. transactions 726 1.061 Price 259K 250K Very low city escape Lower activity on development Appartments very expensive, higher than avg. in Brussels & Antwerp 16
Residential Market in Flanders - Trends 1. Location Location - Location 17
Residential Market in Flanders - Trends 1. Location Location - Location Kissing is like Real Estate The most important thing is Location Location 18 LOCATION
Residential Market in Flanders - Trends 1. Location Location - Location 2. Yield compared to Emotion 19
Residential Market in Flanders - Trends 1. Location Location - Location 2. Yield compared to Emotion 3. Changing trends Starterflats Co-Housing - Studenthousing Flexibility Escape to the city City Development 20
Residential Market in Flanders - Trends 1. Location Location - Location 2. Yield compared to Emotion 3. Changing trends Starterflats Co-Housing - Studenthousing Flexibility Escape to the city City Development 21
Residential Market in Flanders - Trends 1. Location Location - Location 2. Yield compared to Emotion 3. Changing trends Starterflats Co-Housing - Studenthousing Flexibility Escape to the city City Development 4. Investment in Yield Make thorough calculation 22
Residential Market in Flanders - Trends 1. Location Location - Location 2. Yield compared to Emotion 3. Changing trends Starterflats Co-Housing - Studenthousing Flexibility Escape to the city City Development 4. Investment in Yield Make thorough calculation 5. Investment in paper <-> investment in bricks 23