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Small Warehouse Rental in Belgium

Are you looking for a small warehouse rental in Belgium? This article will help you decide which warehouse to rent in Belgium. It will also cover the location, size and rents of different types of warehouses. Read on to learn more! Listed below are some of the main aspects of small warehouse rental in Belgium. You can also use this information to compare prices of various properties. Having a warehouse in Belgium is an excellent investment for your company!

Market analysis of Belgium’s small warehouse rental

This year, 600000 square metres of new stock is scheduled to be added to Belgium’s small warehouse rental market, a growth of nearly one square metre per day. Plans are underway for another 400,000 square metres of new warehouses to be built in Belgium by 2021 and 2022. Rising demand for warehouse space has largely been driven by the COVID-19 pandemic and the rise in online shopping, which is requiring businesses to build up strategic stocks.

In the second half of 2018, the Belgian industrial real estate market grew by a modest two per cent. This increase was more than offset by a slowdown in housing transactions and the abolition of the “woonbonus” in Flanders. However, this rise in prices has not been enough to compensate for the negative effects of the COVID-19 pandemic, which has caused a sharp fall in sales of new and existing dwellings in many countries.

Location

If you are looking for a small warehouse to rent in Belgium, the location is an important factor. This country is located next to major economic powerhouses, such as France and Germany, which make it a highly competitive market. It is also a multicultural and affluent gateway to over 500 million customers in Europe. As such, the location offers excellent opportunities for a small business to find a suitable space.

The logistical industry in Belgium is flourishing. Last year, more than 600,000 square metres of new warehouses were added to the market. As a result, warehouses in Belgium have become larger, more sophisticated, and more diverse. The result is that rents are threatening to increase for the first time in years. Currently, there is a low vacancy rate in Belgium, with available space being rented out in record time. Although Belgium lost large warehouses to the Netherlands due to their more restrictive rules for night work, this trend has largely reversed.

Size

If you are looking for a small warehouse rental in Belgium, it may be beneficial to rent a unit that is a bit larger than your current space. Many of these units are ideal for temporary use while you are setting up your business. For more information, contact Loyens & Loeff’s Real Estate Team. They can provide you with a booklet that contains the essential information for determining the size of warehouse rental you require.

Rents

The average rents for small warehouse rental in Belgium vary considerably, depending on the location. The most expensive locations tend to be around Meir and Schuttershofstraat, which are triple A locations. Outside these areas, rental costs are much lower. For example, rents for a small warehouse in Mechelen are less than half of the cost of comparable properties in Paris or Brussels. In the same vein, rents for industrial properties are also significantly lower than those in the city center.

Located in the heart of the European Union, Brussels is a thriving retail hub, with an array of retail spaces available to local and international businesses. Despite this, the average price of a shop in the city is among the highest in Europe. This is due to the high demand for space and the difficulty in finding suitable locations. Various factors, such as the size and location, affect the cost of a shop in Brussels.

VAT

The new VAT regime will change the real estate and construction sector in Belgium. Starting in January 2019, Belgium will no longer be discriminating against its European neighbors by charging VAT on small warehouse rental. While VAT on building rentals is already a common practice in Europe, the new taxation regime for warehouse spaces should make the process even easier. Here are a few tips on how to take advantage of this new tax regime. You can benefit from these rules for a successful business in Belgium.

The optional VAT regime on immovable letting was originally introduced in the EU. Since then, all member states have implemented this system. Until now, Belgium had not yet adopted this measure, but the government decided to do so. The VAT system on small warehouse rental is only mandatory for those contracts concluded before January 1, 2019. However, the government of Belgium has recently expanded the scope of its policy to include all types of commercial letting, including those for residential use.