Is the Belgian real estate industry ahead of or behind in the low-carbon transition?

That's what the first Low-Carbon Investor Barometer, run together with CFE Pulse and Expertise News, shows: 58% of Belgian investors consider the sector behind in its low-carbon transition, against only 42% who see it as ahead. A striking contrast with France, where 54% of investors take the opposite view (barometer 2025) — a gap largely driven by a more mature regulatory framework (RE2020, RE2025). In Belgium, market maturity remains uneven, in the absence of an equally structuring framework.

First, regional rules that are still unharmonised (e.g. EPB, national building renovation plan). Second, the lack of a common language across the value chain: financiers, developers and asset managers don't yet speak the same language to define what a "sustainable building" actually is. Third, and most decisively, the absence of a strong enough trigger to actually act: tax incentives, regulation or a plain business case are too often insufficient to convince an owner to renovate and decarbonise their portfolio.

Closing these gaps is exactly why BGBC brings actors from the full value chain together.