Ranked in 1 Practice Areas
U

Up and Coming

Real Estate

Belgium

1 Years Ranked

About

Provided by Laurent Pyls

Europe

Practice Areas

Laurent Pyls is Partner in the Real Estate practice.

He is a transactional lawyer focused on commercial real estate matters, including single asset and portfolio real estate transactions, be it structured as asset and share deals, construction and real estate development projects, sale-and-leaseback operations, and all type of lease and other occupation matters, both on landlord and tenant side. His diverse clients englobe both national and international stakeholders in the real estate market, from REITs, to national and international real estate developers and family offices. He has extensive expertise in the retail, office, logistics and (semi)industrial sector.

Clients described Laurent as a knowledgeable, energetic and responsive lawyer with a dealmaker mindset.

Laurent has experience both domestically and internationally and oversees, in particular, the firm’s activities in the Central African Region in close cooperation with our Kigali (Rwanda) and Kinshasa (DRC) offices.

Work Highlights

Assisting MG Real Estate in the acquisition by its wholly owned subsidiary Palmatum NV of Innovia Films’ former production site at Sluisweg 8, Merelbeke, previously operated by Innovia Films, a plastics producer formerly part of the Canadian-American group CCL Industries.

Advising a financial institution on the negotiation of a 18+ year turnkey lease for its new Brussels headquarters, including a development and lease agreement.

Advising Vastint Belgium NV on the acquisition of 100% of the shares in Place Sainte-Gudule 19 BV, owner of a 6,564 m² prime office building in Brussels fully let to the National Bank of Belgium, including due diligence, tax risk assessment, and renegotiation of transaction terms in the client’s favour.

Advising Pestana Hotel Group on its first Belgian acquisition, BELLIARD HOTEL INVESTMENTS BV—owner of a 150-room hotel at Rue Belliard 190, Brussels—from SILVEXT HOTEL SA operated under a Marriott franchise..

Assisting an a global investment fund focused on core-plus infrastructure assets with the real estate aspects of the acquisition of a group operating a supporting business within various Belgian airports.

Assisting Centre Logistique de Wallonie NV (CLW), an affiliate of Lidl Belgium, on the sale of its logistics distribution center in Courcelles (Rue de Liège 80) to Warehouses De Pauw (WDP).

Advising Kirkland & Ellis, one of the world’s leading U.S. law firms, on the negotiation and execution of its office lease in the Louise 166 building in Brussels owned by Patrizia, including lease negotiations, due diligence, and regulatory review to align with the firm’s long-term occupancy strategy.

Assisting Balta Industries NV with the Contribution in Kind of its industrial production facility in Waregem to the listed (BEL 20) company Warehouses De Pauw NV, followed by the lease back of the property and block-trade of the issued shares with KBC Securities.

Assisting a family office franchisee of the Lululemon stores in Europe, in their entry into the Belgian market, including the drafting, negotiating and signing of retail leases in Antwerp and Brussels high streets.

Assisting Wereldhave Belgium in the roll-out of fast chargers on its Belgian assets (shopping centers and retail parks) by virtue of rights to build granted to an EV charging point operator.

Assisting Sappi group (South African Pulp & Paper Industry) in the divestment of its industrial site in Lanaken through a share deal.

Languages Spoken

Dutch

English

French

Chambers Review

Provided by Chambers

Chambers European Guide

Real Estate - Belgium

U
Up and Coming
Individual Editorial

Laurent Pyls is well regarded for his expertise in sale and purchase agreements concerning logistics facilities, office buildings, hotels and retail sites. He additionally advises on leasing contracts.

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Provided by Chambers

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