Proximus to sell HQ, lease back only half office space

News General Belgium 21 JUN 2021
Proximus to sell HQ, lease back only half office space

Belgian operator Proximus has confirmed plans to sell its headquarters in Brussels and lease back only part of the building after redevelopment. The change is expected to help achieve its environmental goals and improve employee collaboration. 

After issuing a request for proposals earlier this year, the Proximus Executive Committee has shortlisted three firms to come up with plans for the iconic dual-towers building located in the North business district of Brussels. A final candidate will be selected by the end of this year or early in 2022 to implement the redevelopment project. 

Proximus expects to take only half the office space in the towers in future, with the remainder leased to other tenants. The company wants to develop a more "open campus feeling", with more spaces for employee interaction and collaboration with partners and customers in the new office space. This takes account of increased remote and hybrid working at the company, as well as efforts to reduce its environmental footprint. 

The project should be completed by the end of 2026.

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