B - REIF
The new Belgian recipe for Real Estate funds
The definition of the exact regulatory framework of the B-REIF is still subject to the adoption of the Royal Decree.
With the introduction of the B-REIF, Belgium aims to position itself as an attractive location for real estate investors. Until now, the Belgian legal framework did not foresee the possibility to establish a non-quoted real estate fund. By doing so, Belgium follows the example of other countries with comparable regulated vehicles that can invest in real estate, such as France (OPCI), Luxembourg (RAIF), the Netherlands (VBI), and Ireland (RREF).
REflexions issue 4 - October 2016
REflexions is a bi-annual digest, dedicated to the real estate investment management professionals, which brings you the latest articles, news and market developments from Deloitte’s professionals and clients.