The European association for Investors in Non-Listed Real Estate Vehicles (INREV) is gearing up for a second push against a 25% capital charge on insurance companies' real estate investments under the incoming Solvency II regime. This week, the European Commission backed the 25% rate despite intensive lobbying from the property sector.
Westland Shopping Centre in the Brussels neighbourhood of Anderlecht may be up for sale, according to Belgian media reports.
