InFocus: Ghent’s student housing crisis – a smart opportunity with The Albert

Antonissen Development Group is repurposing an existing wing of the Vogelzang nursing home in Leuven into a high-quality student residence with 84 student rooms. The site is strategically located near the UCLL and Campus Gasthuisberg, two important campuses for Leuven’s student population. The City of Leuven granted planning permission in record time due to the clear social impact and widespread support from the local community.

CIB, the association of real estate professionals, has stressed the structural shortage of rental properties for several years already, but recently a historic low was recorded. Financial daily De Tijd remarked that; Anyone who advertises a high-end dwelling online can expect to get dozens and even hundreds of enquiries within 24 hours; in the wake of the publication of the latest rental barometer.

In the residential municipality of Sint-Amandsberg, on the outskirts of Ghent, Oak Park is steadily taking shape. Completion is scheduled for June, and more than 60% of the apartments have already been sold.