Provisional reception of the construction of affordable apartments in Anderlecht

September 15, 2020
Brussels, September 14, 2020: On June 22, 2020, the construction of a building including affordable apartments and commercial spaces was received. It is a result of the collaboration between the developer Kairos, through City Projects, and the real estate company Inclusio. The building offers a total of 163 residential units, 6 commercial spaces, an office and 141 underground parking spaces.

“We are extremely proud of this beautiful project, which will be a real added value for Anderlecht. This project reflects our ambition to offer both qualitative and affordable rental housing, while integrating it optimally in its direct environment. ”

Xavier Mertens, CEO, Inclusio

The operation

In October 2018, Inclusio invested nearly €20 million in the purchase on plan of 106 of the 163 housing units, the six commercial spaces, the office and 84 of the 141 underground parking spaces. The gross rental yield is close to 4.5%. The housing units owned by Inclusio are leased for 27 years to three different Social Real Estate Agencies (A.I.S.).

The building itself was developed by Kairos, through City Projects, and was designed by Atelier d’Architecture Alta. The general contracting was entrusted to Interbuild. The building of approximately 12,000 m² includes a total of 163 residential units, 6 commercial spaces on the first floor, an office and 141 underground parking spaces. Its central location allows it to be served by different bus lines. The Eddy Merckx metro station is also within walking distance. The immediate surroundings offer a wide variety of brands, such as Cora, Ikea, Brico, Decathlon and various Horeca establishments.

“This project follows the philosophy of the very first project realized by Baita and KOIS at the creation of Inclusio: the housing of people for whom social integration requires more than just access to housing, including support by a specialized non-profit organization. At the Domaine des Etangs, three groups of beneficiaries will be housed in this way. The most important group are people with a slight handicap in the context of a supported housing project aiming at an autonomous life, in collaboration with the non-profit organizations TOOP and HUBBIE. The latter will ensure a 24-hour permanence. Next comes a group of regularized refugees, supported by the NGO Convivial and the Centre Social Protestant. And finally, a group of people who were in transitional housing and now have access to sustainable housing.

    Gert Van Snick, Director of A.I.S. Baita

The tenants 

A.I.S. Baita

A.I.S. Baita rents 45 apartments. The objective of Baita is the qualitative and quantitative development of a housing offer for vulnerable people, as far as possible in cooperation with initiatives of social orientation and promotion of the social integration of singles and families.

A.I.S. Logement pour Tous

A.I.S. Logement pour Tous rents 33 apartments. Logement pour Tous (LPT) is a non-profit organization created in 1996, approved and subsidized by the Brussels-Capital Region. Registered in the constitution since 1994, the right to housing is essential to the development of everyone. In order to contribute to the implementation of this fundamental right, Logement pour Tous acts to provide quality housing to people with limited incomes, to ensure that owners can manage their housing without worry or risk, and to promote the rehabilitation of the private rental housing stock in Brussels.

A.I.S M.A.I.S.

A.I.S M.A.I.S. rents the remaining 28 apartments. M.A.I.S’ actions is mainly focused on private and public housing in Molenbeek as well as in the neighboring municipalities. On a daily basis, the M.A.I.S. works to inform and accompany the prospective owners and landlords in the management of their property (technical and administrative follow-up). The M.A.I.S. also provides social, administrative and technical follow-up to all its tenants.

Follow KOIS on social media or subscribe for more updates! 

Subscribe to our newsletter

    You may also like…

    KOIS initiative Inclusio launches its Initial Public Offering on Euronext Brussels

    KOIS initiative Inclusio launches its Initial Public Offering on Euronext Brussels

    It’s official: as of today, Inclusio launches its Initial Public Offering on Euronext Brussels, 7 years after KOIS joined forces with co-founders bank Degroof-Petercam and Revive! This IPO serves to put a truly impactful product on the stock market, that anyone can invest in with an Issue Price fixed at €21,4.

    KOIS Newsletter – An Impact Finance milestone

    KOIS Newsletter – An Impact Finance milestone

    Today is a special day for KOIS.

    Today, we take a step further in our mission to enable everyone to create a positive impact through their financial choices.

    Today, Inclusio, the Social Housing Fund we started 5 years ago, announced its intention to launch an Initial Public Offering on Euronext Brussels.

    India needs impact finance to scale innovative mental healthcare models

    India needs impact finance to scale innovative mental healthcare models

    The prevalence of mental health disorders is increasing steadily in India, yet expenditure does not seem to follow. The low proportionate funding is exacerbated thereafter by the underutilisation of funds and several systemic issues along the patient journey. However, impact finance could play an important role in scaling up mental healthcare models.