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Is it a good idea to invest in Real Estate in times of corona crisis?

Is it a good idea to invest in Real Estate in times of corona crisis?

The answer is YES! Loan interest rates have never been that low and real estate is a secure value when the stock markets are crashing.

Our advice at Extensa:

Look out for this new development Park Lane by Extensa on the beautiful historical location Tour&Taxis.

It is all about being both active and tranquil: Extensa, the project developer behind Park Lane, is planning to offer the best of both worlds for future residents in one of its newest projects.

They specialise in mixed-use developments, urban regeneration, and larger suburban residential communities. Their projects are already established throughout Belgium and Luxembourg, now including Tour & Taxis in Brussels as well as Cloche d’Or in Luxembourg City. Extensa is committed to creating quality living and working environments where residents and companies alike can thrive.

Park Lane will be part of the neighbourhood located near to the bustling Gare Maritime – excitement will be just a stone’s throw away. However, Park Lane will also be bathed in nature, and will be a quiet, car-free environment that will allow residents to ‘unplug’ from city-centre living, whenever they feel the need.

Park Lane will provide a blend of nostalgic style with contemporary design and technology. The intention is to offer accommodation for multiple generations thanks to a combination of apartments, service flats and a residential care home. Extensa is working closely with a consortium of three architects to create an attractive location that reflects the singular energy of the Tour & Taxis neighbourhood.

The beginning of the 12th century saw Tour & Taxis play a key role as a logistical hub, inside the country and abroad. The majestic buildings are remaining witnesses to this historical era and radiate a breathtakingly nostalgic energy. In present days, the historical buildings have been given a new, contemporary look and functionality. This has been an ambitious plan.

Hotel de la Poste has recently been shaped into a beautiful event lounge with a private cinema in the ridge. Soon, the opening of a trendy bistro-restaurant will be announced. Gare Maritime, the former freight station, is being converted into an amazing covered city hub, with room for businesses and creative workplaces, shops, bars and restaurants.

Beside the full preservations of the heritage buildings, Extensa has also created architectural award-winning new buildings such as the Herman Teirlinkc and BIM building, and is now developing more than 700 iconic apartments at the foot of the Tour & Taxis park.

The metamorphosis of Tour & Taxis in a modern city hub in honour of its former historical function of the early 20th century, will not only transform the site itself, but will have a huge positive impact on the neighbourhood. Belgian and international visitors and investors are finding their way to Tour & Taxis. In around one year from now, you won’t believe your eyes when the Suzan Daniel bridge will be built, connecting the two rivers, and the 40,000 sqm Gare Maritime will also be open to the public.

Extensa always opts for quality, design and trust using materials by well- known brands and manufacturers with excellent services. The many influences of Brussels’ architecture, from the 30s and 40s, are playfully brought into the composition, from the Art Deco period to the modern industrial era. Bricks are alternated with a contrast of concrete ornaments. A granito mosaic tile can be found in most entrance halls and glass entrance doors lead to the hall with elevators and letter boxes.

The Tour & Taxis site already attracts well- known brands, companies and thousands of visitors annually. They are the trendsetters in this vibrant, emerging neighbourhood. After having created a stunning place for work and recreation in recent years, they are now developing the missing link: a place to live in a stunning apartment on a historic site!

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