Nagelmackers moves into a flagship green building of Nextensa and
Nagelmackers moves into
a flagship green building of Nextensa and ION
celebrating its 275th anniversary by moving into
Monteco, the brand new state-of-the-art
office building built by Nextensa in joint-venture with ION,
renowned developers of sustainable and quality real estate. The
name of the building is a contraction of the word
'Montoyer' (a reference to the
street where the building is located) and the word 'ecological'. A
logical combination of the "best of both worlds" in terms of
location and sustainability.
Nagelmackers, Nextensa and ION announce the
commissioning of Monteco, a brand new 'fossil fuel free' office
building in the European Quarter that meets the high quality
standards of renowned property developers Nextensa and ION. The
real estate players strive to build a portfolio of only
high-quality properties that meet the highest standards of
architecture and sustainability. The move to the new headquarters
of Bank Nagelmackers is perfectly in line with its image as a
personal and private bank. Archi2000, Monteco's architect, opted
for a unique concept in the heart of Brussels, which is
characterised by the combination of a sustainable wood-frame
construction and the use of intelligent technology. A truly
state-of-the-art building, in other words!
"As a real estate developer, in addition to
innovation and architecture, we are strongly committed to CO2
reduction and compensation. Building with wood has a double
advantage in this respect: on the one hand, less CO2 is released
into the air as compared to the production of concrete, and on the
other hand, large amounts of CO2 are absorbed by the trees used in
the construction, which are replaced by new plantations," explains
Alexis Spaas, Business Unit Manager Brabant at ION.
Dreaming about a green future
"Nagelmackers has been committed to greening its
product range for several years. Since 2019, this has gained
momentum with the signing of the UNPRI (United Nations Principles
for Responsible Investment). The bank is also making great strides
in relation to the SFDR (Sustainable Finance Disclosure
Regulation). Most of the funds in its range, managed internally and
selected externally, will be at least category 8 funds, which means
they can be considered sustainable funds," explains Yves Van
Laecke, COO of Nagelmackers.
A great architectural
The wood used for the new Nagelmackers
headquarters is PEFC certified and comes from a maximum radius of
500 km from the site. This is a beneficial situation.
"Heat pumps and solar panels have been
installed, contributing to the heating and cooling needs. The large
windows throughout the building provide wonderful light and a
pleasant working environment. They are high from floor to ceiling,
some three metres high, which gives a great impression of space,"
explains Olivier Vuylsteke, CIO of Nextensa.
This intelligent technology will reduce energy
consumption, especially as the BMS system monitors temperature,
humidity, ventilation, etc. Automatically reading water and
electricity meters immediately detect any leakage.
A committed approach
The sustainability certificate that every sustainable building
wants is the BREEAM certificate. This is an abbreviation for
Building Research Establishment Environmental Assessment Method.
This label aims for sustainability without loss of comfort, safety
"MONTECO is aiming for BREEAM Excellent certification, taking
into account ten or so sustainability criteria. This is a high
level in BREEAM certification. First of all, there is the design
phase, for which we have obtained no less than 77%, whereas the
standard to be achieved is 70%. Now there is the final
post-construction phase. We are convinced that we will obtain this
label by 2023," explained Michel Van Geyte, CEO of Nextensa.
"The customers have not been forgotten, of course! Nagelmackers
will soon receive them at the Monteco agency in discreet but
comfortable consultation rooms, equipped with modern audiovisual
material, so that the bank can offer them personalised services on
the spot and at a distance. In addition, all the equipment that is
still in good condition deserves a second life and has been donated
to charities and associations," concludes Dirk Huybrecht, Head of
Marketing and Communication at Nagelmackers.
Communications Manager Nextensa M +32 (0)488 13 43 65
IONM +32472 250 457
Marketing & Communications Bank NagelmackersM +32 (0) 472 753
Gunther De Backer
M +32 475 903
Nextensa is a mixed real estate investor and
developer. The company's investment portfolio is divided between
the Grand Duchy of Luxembourg (46%), Belgium (41%) and Austria
(13%) and has a total value of approximately EUR 1.35 billion as at
30/09/2022. As a developer, Nextensa is mainly active in the design
of large urban developments. At Tour&Taxis (a development of
more than 50,000 m²) in Brussels, Nextensa is building a mixed real
estate portfolio consisting of a revaluation of emblematic
buildings and new constructions. In Luxembourg (Cloche d'Or), it is
working in partnership on a major urban extension of over 400,000
m² comprising offices, shops and housing.
Nextensa is listed on Euronext Brussels and has
a market capitalisation of EUR 541.1 million (value
For more information, visit www.nextensa.eu.
ION is a fast-growing real estate developer and
investor based in Waregem, founded in 2011 by Davy Demuynck,
Kristof Vanfleteren and Paul Thiers. Its development portfolio of
approximately €1.8 billion comprises more than 72 real estate
projects spread throughout Belgium. Contemporary architecture,
superior sustainability and innovation are at the heart of each
ION develops multifunctional and urban
residential, office and retail projects with high added value that
help shape the cities of tomorrow. Its dynamic team of more than
100 employees has the commercial, technical, financial and legal
knowledge required for various residential and commercial real
estate projects. ION can therefore meet today's highest standards,
taking into account the expectations of all stakeholders.
In October 2018, ION opened an office in the
centre of Brussels in order to have an active presence in Belgium's
main real estate market. Since then, ION has also opened offices in
Antwerp and Luxembourg.
Find out more about current projects at
Bank Nagelmackers aims to be the partner of
families in the creation, management and transfer of their
The bank does this through a personal and
private banking offer, where a service is possible from invested
assets of at least 75,000 euros. Currently, the bank has 22
branches and 32 agents who propagate this strategy to their
Nagelmackers meets the solvency and liquidity
requirements: the solvency ratio (IFRS, Tier I) is 18.5% and the
liquidity ratio is 183%.
For more information
Michel Van Geyte,Chief Executive Officer+32 3 238 98
- Monteco x Headquarter Nagelmackers-EN
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