31may'23

New Permit in Kortrijk

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In the city of Kortrijk, Vabeld has now received a building permit for a residential project called Linum and containing 47 apartments as well as 550 M2 of multifunctional space for which a new lease with the city is to be signed shortly. The site is located adjacent to the Flax Museum between the Gasstraat and the Noordstraat at a stone’s throw from the banks of the Leie. As Vabeld is not a developer, an agreement is signed with a related development company to build the project and take the commercial risk.

Residential real estate is not a focus for Vabeld. However, this site has been owned by Vabeld and its predecessors for the better part of five decades and used to be a Euro Shop store (until 2006).

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