ANNUAL FINANCIAL REPORT Home Invest Belgium

Total Page:16

File Type:pdf, Size:1020Kb

ANNUAL FINANCIAL REPORT Home Invest Belgium Home 2012 T R Invest Belgium Home Invest Belgium is a residential Sicafi, created in June 1999 and listed on the continuous market L REPO A of NYSE Euronext Brussels. Housing life ANNUAL NCI At 31 December 2012, its operating portfolio consisted of 73 buildings on 42 sites with a total A surface area of +/- 125 000 m² and a fair value of € 242 million, excluding development projects FINANCIAL and properties for sale. L FIN A REPORT Its activities are controlled by the Financial Services and Markets Authority (FSMA). At 31 December 2012, the total market capitalisation of Home Invest Belgium amounted to € 217 million. www.homeinvestbelgium.be ANNU 2012 Home Invest Belgium SA Belgian Sicafi Boulevard de la Woluwe 60/4, B -1200 Brussels T +32 2 740 14 50 - F +32 2 740 14 59 [email protected] www.homeinvestbelgium.be RPM : 0420.767.885 | ISIN BE 003760742 SUMMARY SHAREHOLDERS’ cALENDAR 2013 3 Profile Annual statement for the 2012 financial year Friday 1 March 2013 4 Background Posting of the annual report on the website Tuesday 2 April 2013 Ordinary General Meeting of the 2012 financial year Tuesday 7 May 2013 8 Risk Factors Interim statement: results on 31 March 2013 Tuesday 7 May 2013 Payment of the dividend for the 2012 financial year Friday 17 May 2013 18 Letter to Shareholders Half-yearly report: results on 30 June 2013 Friday 30 August 2013 22 Key Figures Interim statement: results on 30 September 2013 Friday 15 November 2013 26 Management Report 2014 26 Strategy 30 Highlights of the financial year 33 Overview of the consolidated financial statements Annual statement for the 2013 financial year Friday 28 February 2014 41 Events after the closure of the financial year Posting of the annual report on the website Thursday 3 April 2014 42 Outlook 2013 Ordinary General Meeting of the 2013 financial year Tuesday 6 May 2014 43 Corporate governance statement Interim statement: results on 31 March 2014 Tuesday 6 May 2014 61 Corporate responsibility Payment of the dividend for the 2013 financial year Friday 16 May 2014 64 Home Invest Belgium on the Stock Exchange 64 Development of the stock price 67 Key figures of the share on 31 December 2012 67 Dividend 68 Return 70 Shareholding structure on 31 December 2012 71 Profile of investors in Home Invest Belgium shares This annual report is a registered document in the sense of article 28 71 Shareholders’ calendar of the law of 16 June 2006 on public offers of investment instruments and on the admission of investment instruments to trading on regulated markets. 74 Property Report 74 State of the Belgian residential property market It has been approved by the FSMA, in accordance with article 23 of 90 Real estate expert’s report for the 2012 financial year the above-mentioned law on 18 March 2013. 91 The consolidated property portfolio of Home Invest Belgium Home Invest Belgium having opted for the French as official language, the annual financial report in French is the sole official version. 104 Financial Statements 104 Consolidated financial statements The Dutch and English versions are translations established under 111 Notes to the consolidated financial statements Home Invest Belgium’s responsibility. 132 Statutory accounts 134 Auditor’s reports Le rapport financier annuel en français est disponible au siège de la société. 140 Permanent Document Het financieel jaarverslag in het Nederlands is beschikbaar op de zetel 140 General information van de vennootschap. 141 Company capital 141 Coordinated articles of association - extracts The annual financial report in English is available at the head office of 147 The sicafi and its tax regime the company. 150 Statements Design and layout: www.comfi.be 154 Glossary GIOTTO (EVERE) PHOTO COVER ADAGIO ACCESS BRUSSELS EUROPE (BRUSSELS) “For the shareholder, investing in a residential ‘sicafi’ such as Home Invest Belgium offers the advantage of liquidity, diversification and fiscal optimisation compared with a direct property investment” PROFILE Home Invest Belgium is a fixed capital real estate investment Since its creation in 1999, Home Invest Belgium has trust (sicafi) specialising in investments in residential housing. succeeded in increasing by six-fold its initial property portfolio. Its property portfolio is spread over town centres in Belgium (72% of which in Brussels and 14% both in Flanders and Wallonia). Investment value In € of portfolio On 31 December 2012, the property portfolio held by Home Invest Belgium includes 73 buildings on 42 sites, representing 31/12/2012 285 889 000 a total surface area of +/- 125 000 m². The fair value of this 31/12/2011 272 247 567 31/12/2010 246 558 323 portfolio (excluding projects under development and assets 31/12/2009 229 001 892 1 held for sale) amounts to € 242 million , 77% of which consists 31/12/2008 218 821 398 of residential properties. 31/12/2007 179 553 208 31/12/2006 154 250 086 Listed on Euronext Bruxelles, its market capitalisation stands 31/12/2005 128 939 823 31/12/2004 84 573 857 at € 217 million at the close of the 2012 financial year. 31/12/2003 66 927 850 31/12/2002 57 288 245 Set up 13 years ago, Home Invest Belgium pursues a coherent 31/12/2001 51 361 059 strategy hinged on the creation of value and the growth of the 31/12/2000 44 261 389 1/06/1999 43 181 416 dividend in the interest of all its shareholders, while contributing to one of the basic needs of the population: access to decent housing (art. 23 of the Belgian Constitution). Home Invest Belgium covers the 4 areas of the real-estate life cycle: • Acquisition • Development • Administrative, commercial and technical management • Sale 1 The fair value of the property portfolio, including projects under development, amounts to € 243 million. 3 Reception of the Giotto building Creation of Home (turnkey acquisition) Invest Belgium Merger with Les Résidences du Merger with Granted sicafi status Quartier Européen SA 205 rue Belliard SA Stock exchange Purchase of the Merger with listing Birch House building1 Patroonshuis SA 1999 2002 2005 BACKGROUNDHISTORIQUE HOME INVEST BELGIUM 2001 2003 2006 Merger with Contribution of Merger with Immobilière Mons Real Estate SA 3 buildings of Prince d’Orange SA AXA Belgium group Capital increase of € 31.6 million through the issue of new shares 1 The “Birch House” building is also known as “Cours Saint-Michel”. HOME INVEST BELGIUM ANNUAL FINANCIAL REPORT 4 2012 Partial demerger with Masada SA Merger with Investim SA Acquisition of Quai de Rome in Liège Merger with Immobilière van volxem SA Merger with Partial demerger ERIV Mechelen SPRL with vOP SA Reception of the Résidence Colombus Merger with Demerger with (turnkey acquisition) les Erables Invest SA Urbis SA 2007 2009 2011 BACKGROUNDHISTORIQUE HOMEHOME INvESt INVEST BElGIUM BELGIUM © Yvan Glavie © Yvan 2008 2010 2012 Partial demerger Merger with Alltherm SA Reception of the with vOP SA Odon Warland-Bulins building 4-phase redevelopment Merger with jBS SA of the City Gardens Reception of the Adagio Access Brussels complex over Europe hotel (turnkey acquisition) the 2010 and 2011 financial years Signing of the agreement for the acquisition of buildings held Reception of Jourdan 85 by the “louvain-la-Neuve 1976” building property certificate 5 RISK 1FACtORS HOME INvESt BElGIUM ANNUAl FINANCIAl REPORt 6 2012 ODON wARlAND - BUlINS (jEttE) Odon Warland-Bulins (Jette) 7 RISK FACTORS Home Invest Belgium conducts its business in an environment The objective of Home Invest Belgium is to manage these subject to permanent change, which leads to certain risks. risks as well as possible in order to generate a recurrent and stable rental income on the one hand, and a capital gains Should these risks materialize, they could have an adverse effect potential on the other hand. The risk factors with which the on the company, its business, its outlook, its financial situation sicafi is confronted are subject to regular monitoring by both the or its results. Executive Management and the Board of Directors. Cautious policies have been adopted to reduce the exposure of the sicafi these risks consequently need to be taken into account within and its shareholders to these factors. the framework of the company’s global management, its investment and divestment decisions, the funding cost of the The main risks are listed below, as well as the different factors investments and the optimum re-use of its available resources. and measures that make it possible to cushion the potentially negative impact of these risks. Market risks Potential corrective factors Description of the risk Potential negative effects and measures Risk of a downturn in 1. Negative impact on demand both on the Diversification of investments in different the economic situation rental market and on the acquisition market categories of buildings (top of the range, mid-range) and geographical locations 2. Drop in the occupancy rate (1,2,3,4,5,6) 3. Drop in the level of rent at which the surfaces Regular evaluation of the property portfolio can be re-rented and of the occupancy rate by the Sicafi’s Executive Management and Board of 4. Increase of unpaid rents directors (1,2,3,4,5,6) 5. Negative adjustment of the fair value Rigorous selection of tenants (4) of the property portfolio Rigorous selection of new investments (1,2,3,5,6) 6. Reduction in the sale price Arbitrage of the disinvestment opportunities (1,2,3,5,6) Contractual indexation of rents (3,5,6) HOME INvESt BElGIUM ANNUAl FINANCIAl REPORt 8 2012 GIOTTO (EVERE) SIPPElBERG (MOlENBEEK-SAINt-jEAN) Risks connected with the property portfolio Potential corrective factors Description of the risk Potential negative effects and measures Risk of obsolescence 1.
Recommended publications
  • Download Thesis
    MASTERARBEIT ANALYSING THE POTENTIAL OF NETWORK KERNEL DENSITY ESTIMATION FOR THE STUDY OF TOURISM BASED ON GEOSOCIAL MEDIA DATA Ausgeführt am Department für Geodäsie und Geoinformation der Technischen Universität Wien unter der Anleitung von Francisco Porras Bernárdez, M.Sc., TU Wien und Prof. Dr. Nico Van de Weghe, Universität Gent (Belgien) Univ.Prof. Mag.rer.nat. Dr.rer.nat. Georg Gartner, TU Wien durch Marko Tošić Laaer-Berg-Straße 47B/1028B, 1100 Wien 10.09.2019 Unterschrift (Student) MASTER’S THESIS ANALYSING THE POTENTIAL OF NETWORK KERNEL DENSITY ESTIMATION FOR THE STUDY OF TOURISM BASED ON GEOSOCIAL MEDIA DATA Conducted at the Department of Geodesy and Geoinformation Vienna University of Technology Under the supervision of Francisco Porras Bernárdez, M.Sc., TU Wien and Prof. Dr. Nico Van de Weghe, Ghent University (Belgium) Univ.Prof. Mag.rer.nat. Dr.rer.nat. Georg Gartner, TU Wien by Marko Tošić Laaer-Berg-Straße 47B/1028B, 1100 Vienna 10.09.2019 Signature (Student) ACKNOWLEDGMENTS If someone told me two years ago that I will sit now in a computer room of the Cartography Research Group at TU Wien, writing Acknowledgments of my finished master’s thesis, I would say “I don’t believe you!” This whole experience is something that I will always carry with me. Different cities, universities, people, cultures, learning and becoming proficient in a completely new field; these two years were a rollercoaster. First and foremost, I would like to thank my supervisor Francisco Porras Bernárdez, muchas gracias por tu paciencia, motivación y apoyo, por compartir tu conocimiento conmigo. Esta tesis fue posibile gracias a ti.
    [Show full text]
  • The Proliferation of Video Surveillance in Brussels and Copenhagen
    TOWARDS THE PANOPTIC CITY THE PROLIFERATION OF VIDEO SURVEILLANCE IN BRUSSELS AND COPENHAGEN This master thesis has been co-written by Corentin Debailleul and Pauline De Keersmaecker 4Cities UNICA Euromaster in Urban Studies 2012-2014 Université Libre de Bruxelles (ULB) Supervisor : Mathieu Van Criekingen (Université Libre de Bruxelles) Second reader : Henrik Reeh (Københavns Universitet) Hence the major effect of the Panopticon: to induce in the inmate a state of conscious and permanent visibility that assures the automatic functioning of power. So to arrange things that the surveillance is permanent in its effects, even if it is discontinuous in its action; that the perfection of power should tend to render its actual exercise unnecessary; that this architectural apparatus should be a machine for creating and sustaining a power relation independent of the person who exercises it; in short, that the inmates should be caught up in a power situation of which they are themselves the bearers. To achieve this, it is at once too much and too little that the prisoner should be constantly observed by an inspector: too little, for what matters is that he knows himself to be observed; too much, because he has no need in fact of being so. In view of this, Bentham laid down the principle that power should be visible and unverifiable. Visible: the inmate will constantly have before his eyes the tall outline of the central tower from which he is spied upon. Unverifiable: the inmate must never know whether he is being looked at at any one moment; but he must be sure that he may always be so.
    [Show full text]
  • Annual Financial Report 2011 Contents
    annual financial report 2011 contents I Risk factors 6 II Letter to shareholders 14 III Key figures 18 IV Management report 22 1 Strategy 23 2 Highlights of the financial year 24 3 Overview of the consolidated financial statements 26 4 Management bodies 33 5 Events after the closure of the financial year 33 6 Outlook 2012 33 7 Corporate responsibility 34 8 Conflict of interest 35 9 Corporate Governance statement 36 10 Research and Development activities 36 11 Information with regard to circumstances possibly having a significant influence on the development of the Sicafi 36 12 Profile of Home Invest Belgium Shareholders 36 13 Discharge of directors and the Auditor 36 14 Description of the main characteristics of the internal control and risk management systems 36 15 Remuneration report 36 16 Auditor’s report 37 V Home Invest Belgium on the stock exchange 38 1 Stock price and comparisons 39 2 Net asset value and discount / premium 41 3 Key figures of the share on 31 December 2011 42 4 Dividend policy 42 5 Return for shareholders 42 6 Shareholder identity – Free float 44 7 Shareholders’ calendar 45 VI Property report 46 1 State of the Belgian residential property market 48 2 Real estate expert’s report for the 2011 financial year 55 3 The consolidated property portfolio of Home Invest Belgium 56 VII Corporate Governance Statement 70 1 Reference code 71 2 Internal control and risk management 71 3 Board of directors and special committees 72 4 Executive management 78 5 Management team 80 6 Remuneration report 80 7 Auditor 82 8 Surveyor 82
    [Show full text]
  • BRUSSELS Bruxelles | Brussel | Brüssel ÉRIC DANHIER CONTENTS SOMMAIRE
    BEST OF BRUSSELS Bruxelles | Brussel | Brüssel ÉRIC DANHIER CONTENTS SOMMAIRE Map of Brussels 5 Plan de Bruxelles 5 The Grand Place and the Îlot Sacré 8 La Grand-Place et l’Îlot sacré 8 The Mont des Arts 36 Le Mont des Arts 36 The Royal District 40 Le quartier royal 40 The Sablon 46 Le Sablon 46 The Marolles 52 Les Marolles 52 The Boulevards 60 Les boulevards 60 The Dansaert district – Sainte-Catherine 76 Le quartier Dansaert – Sainte-Catherine 76 Ixelles – Art Deco – Art Nouveau 84 Ixelles – Art déco – Art nouveau 84 The European Quarter 96 Le quartier européen 96 Etterbeek 100 Etterbeek 100 Heysel – Koekelberg – Laeken 108 Heysel – Koekelberg – Laeken 108 The canal – The North district 120 Le canal – le quartier Nord 120 INHOUD INHALTSVERZEICHNIS Plan van Brussel 5 Plan von Brüssel 5 De Grote Markt en het Îlot Sacré 8 Der Grand’Place und die îlot Sacré 8 De Kunstberg 36 Der Kunstberg 36 De koninklijke wijk 40 Das königliche Viertel 40 De Zavel 46 Der Zavel 46 De Marollen 52 Die Marollen 52 De Boulevards 60 Die Boulevards 60 De Dansaertwijk 76 Das Dansaert-Viertel 76 Elsene – Art deco – Art nouveau 84 Ixelles – Art Deco – Jugendstil 84 De Europese wijk 96 Das Europa-Viertel 96 Etterbeek 100 Etterbeek 100 Heizel – Koekelberg – Laken 108 Heysel – Koekelberg – Laeken 108 Het kanaal – De Noordwijk 120 Der Kanal – das Nord-Viertel 120 MAP OF BRUSSELS – PLAN DE BRUXELLES – PLAN VAN BRUSSEL – PLAN VON BRÜSSEL 1 The Grand Place/La Grand-Place/De Grote Markt/ 25 The pedestrian zone/Le piétonnier/De voetgangerszone/ Der Grand’ Place Die Fussgängerzone
    [Show full text]
  • Placemaking, Visioning and Negotiating for a Common on the Josaphat Site
    (How) can you plan an urban common? Place­making, visioning and negotiating for a common on the Josaphat site in Brussels. Hanne Van Reusel1, Philippe De Clerck2 Burak Pak3, Johan Verbeke³ IASC 1st thematic conference on the commons, 2015 THEMATIC TRACK ­ Designing and Governing the City as a Commons Resource? 1 KU Leuven, Faculty of Architecture, campus Sint­Lucas Brussels 2 ULB, Faculté d’Architecture La Cambre Horta, CLARA research center 3 Ibid. 1 INTRODUCTION “We hope to be politically recuperated and for this to happen in the right way.” The former railway site of Josaphat, in Brussels, is mainly lying bare. The Brussels Capital Region, the owner of the terrain, is finalising its development scheme (Schéma directeur) in the hope to provide a solid answer to the critical housing need in Brussels. Recognising this need but raising questions on the decision­making and management process for the future development, the citizen collective Commons Josaphat (CJ) aims to negotiate the future development of the Josaphat site as an urban common. This is not an easy target within the Brussels urban development setting; most of the bottom­up city­making ventures cross upon rigorous barriers when reaching out to the decision­making level4. In this endeavour, CJ actualises its own, context­based and continuous adjusted trajectory to manoeuvre its way in in the practice of an urban planning alternative, while following the self­outlined and negotiable principles. CJ is only one of many rich examples that aim to fight for and defend the urban commons. Though, we argue, CJ particularly situates itself in this global surge by its experimental approach to practice the commons on an explicit urbanistic scale, exploiting the opportunities the Josaphat site offers as zone of regional interest.
    [Show full text]
  • Het Potentieel Van Open Ruimte in Brussel En De Rand / Julie Mabilde
    OPEN RUIMTE > METROPOLITAN LANDSCAPES Metropolitan In Brussel en omgeving verandert de open ruimte voortdurend. Onbekend, onbemind? Ze hoeft die veranderingen echter niet passief te ondergaan, want open ruimte bezit heel wat capaciteiten om een Het potentieel van open ruimte in Brussel en de Rand JULIE MABILDE [ TEAM VLAAMS BOUWMEESTER ] | ELKE VANEMPTEN [ ILVO / TEAM VLAAMS BOUWMEESTER ] actieve, sturende en structurerende rol op te nemen in de kwaliteitsvolle ontwikkeling van de verstedelijkte ruimte. Toch blijft die potentie vandaag vaak nog onderbenut. Vier structuren en drie criteria voor een metropolitaan landschap e sturende rol van open ruimte vormde de basis van Bureau Bas Smets en LIST 1 het studiewerk binnen Metropolitan Landscapes. Via urbanism-architecture na- Dontwerpend onderzoek werden zowel de open ruimte men samen met de Earth als de actoren die werkzaam zijn in het metropolitane gebied in System Sciences onderzoeks- en om Brussel verkend en uitgediept. De randstedelijke open groep van de VUB de eer- ruimte, gelegen in de frontlinie van ruimtespeculatie en op de ste, verkennende fase van de grens tussen meer verstedelijkt en landelijk gebied, kreeg daarbij studie voor hun rekening. Ze speciale aandacht. gaven een eigen interpretatie De studie Metropolitan Landscapes werd uitgevoerd in het kader aan de term ‘metropolitaan van LABO RUIMTE. Voor de realisatie ervan bundelden Leef- landschap’, gingen na hoe die milieu Brussel, de Vlaamse Landmaatschappij, Brussel Stedelijke betekenis kan krijgen voor Ontwikkeling, Ruimte Vlaanderen, de Brusselse en de Vlaamse Brussel en hoe die definitie Bouwmeester de krachten. In een latere fase werd deze coalitie actoren kan verenigen rond Foto Tim Van de Velde nog versterkt met het Agentschap voor Natuur en Bos.
    [Show full text]
  • Brussels, a Sustainable City Synopsis, CFB No
    Brussels Studies La revue scientifique électronique pour les recherches sur Bruxelles / Het elektronisch wetenschappelijk tijdschrift voor onderzoek over Brussel / The e-journal for academic research on Brussels Notes de synthèse | 2009 Brussels, a sustainable city Synopsis, CFB No. 4 Bruxelles, ville durable Brussel, duurzame stad Pierre Vanderstraeten, Stefan De Corte, Bernard Deprez and Benoît Thielemans Electronic version URL: http://journals.openedition.org/brussels/912 DOI: 10.4000/brussels.912 ISSN: 2031-0293 Publisher Université Saint-Louis Bruxelles Electronic reference Pierre Vanderstraeten, Stefan De Corte, Bernard Deprez and Benoît Thielemans, « Brussels, a sustainable city », Brussels Studies [Online], Synopses, Online since 12 January 2009, connection on 19 April 2019. URL : http://journals.openedition.org/brussels/912 ; DOI : 10.4000/brussels.912 Licence CC BY lthe e-journal for academic research on Brussels www.brusselsstudies.be www.citizensforumofbrussels.be Synopsis nr. 4 Brussels, a sustainable city P. Vanderstraeten, S. De Corte, B. Deprez, B. Thielemans • Pierre Vanderstraeten is a sociologist, architect and town planner. He teaches at the ISA St-Luc (Higher Architecture Institute) , the Higher Institute of Town Plan- ning and Urban Renewal ( ISURU), and at the Catholic University of Louvain (UCL). President of ceraa, (Architecture Study, Research and Action Centre), he is also a town planning project designer at the VIA architectural firm. He has recently pub- lished: "Masse critique", BrU Planning a capital, n° 003, 11.2007 Brussels. Contact : [email protected] • Stefan De Corte is geographer. He teaches at the VUB, Master in European Ur- ban Cultures (POLIS) en UNICA EuroMaster in Urban Studies (4CITIES). He is mem- ber of the research group COSMOPOLIS (City, Culture & Society).
    [Show full text]
  • Contemporary Performing Arts in Belgium: an Overview
    IETM MAPPING www.ietm.org CONTEMPORARY PERFORMING ARTS IN BELGIUM: AN OVERVIEW by Ingrid Vranken and Sylvia Botella Image: Lieven Soete, ‘Landscape @ Molenbeek’ on Flickr in partnership with November 2017 ISBN: 978-2-930897-26-4 IETM is funded by: The European Commission support for the production of this publication does not constitute an endorsement of the contents which reflects the views only of the authors, and the Commission cannot be held responsible for any use which may be made of the information contained therein. IETM MAPPING www.ietm.org Contemporary performing arts in Belgium: an overview Mapping IETM by Ingrid Vranken and Sylvia Botella Published by IETM - International network for contemporary performing arts, Brussels with Kunstenpunt - Flanders Arts Institute and Wallonie-Bruxelles Théâtre Danse - Agence officielle de promotion internationale November 2017 Editing and general coordination: Elena Di Federico, Nan van Houte (IETM), Joris Janssens, Séverine Latour Proof-reading and translations: Greta Holmer Graphic layout: Elena Di Federico (IETM) on a template by JosWorld This publication is distributed free of charge and follows the Creative Commons agreement Attribution- NonCommercial-NoDerivatives (CC BY-NC-ND). You are free to reuse and share this publication or parts of it as long as you mention the original source. This publication should be mentioned as follows: I. Vranken, S. Botella, ‘Contemporary performing arts in Belgium: an overview (English-French edition)’, IETM, November 2017. Link : https://www.ietm.org/en/publications For further information please contact [email protected] The publishers have made every effort to secure permission to reproduce pictures protected by copyright. IETM will be pleased to make good any omissions brought to their attention in future editions of this publication.
    [Show full text]
  • Meet & Greet Music & Theatre Cinema Bib Musea Art Parken Hotspots Info
    1 UGC TOISON D’OR 8 BONIFACE Given its majestuous location, rising up Dans le quartier St Boniface, nous from the lower part of the city, many peo- retrouvons un mélange de cultures L O U I S E PTE DE NAMUR TRONE AV. DE LA TOISON D’OR TROON ple from Brussels still call this cinema diverses. Agrémenté de nombreuses L O U I Z A NAAMSE POORT JODI THEUT, ‘the Acropolis’…This cinema complex terrasses et de bistrots, on peut y GULDEN-VLIESLAAN r. des Chevaliers Riddersstraat ACTIVE AT SERVE THE CITY from the French group UGC combines déguster les cuisines du monde entier. Louizapoort 1 rue du Champ de Mars quality cinema with popular productions. La rue de la Paix aligne de nom- galerij Marsveldstr. 30, has been living in Ixelles for 4 years It is equally appreciated by opera-lovers breuses boutiques vintage offrant des Galerie de la rue des Drapiers Around 7 years ago, Jodi moved from her native Detroit, USA to Belgium. for programming « Viva l’Opéra ». vêtements et des accessoires divers. Porte Louise 2 place du She works for Serve The City, an organisation that gathers volunteers Gulden-Vlieslaan 8 L’église Saint-Boniface est une splen- Champde Mars for helping vulnerable people in Brussels. The organisation has managed dide église au cœur de Matonge. 3 Marsveldpl. rue de at Luxemburgstr to engage many expats for social causes in Brussels. The first place tra l’Esplanade ijs s r. du Luxembourg where she arrived when moving to Belgium was Ixelles. She felt at de Stassartstraat Par s .
    [Show full text]
  • (In)Efficiency of Trams and Buses in Brussels
    Brussels Studies La revue scientifique pour les recherches sur Bruxelles / Het wetenschappelijk tijdschrift voor onderzoek over Brussel / The Journal of Research on Brussels Collection générale | 2008 The (in)efficiency of trams and buses in Brussels: a fine geographical analysis L’(in)efficacité des trams et bus à Bruxelles : une analyse désagrégée (In)Efficiëntie van de trams en bussen in Brussel: een geografisch uitgesplitste analyse Xavier Courtois and Frédéric Dobruszkes Translator: Gabrielle Leyden Electronic version URL: http://journals.openedition.org/brussels/608 DOI: 10.4000/brussels.608 ISSN: 2031-0293 Publisher Université Saint-Louis Bruxelles Electronic reference Xavier Courtois and Frédéric Dobruszkes, « The (in)efficiency of trams and buses in Brussels: a fine geographical analysis », Brussels Studies [Online], General collection, no 20, Online since 27 June 2008, connection on 03 July 2020. URL : http://journals.openedition.org/brussels/608 ; DOI : https://doi.org/ 10.4000/brussels.608 Licence CC BY the e-journal for academic research on Brussels www.brusselsstudies.be Issue 20, 27 June 2008 Xavier Courtois and Frédéric Dobruszkes The (in)efficiency of trams and buses in Brussels: a fine geographical analysis Translation : Gabrielle Leyden Summary At a time when mobility in Brussels is becoming increasingly critical from the stand- points of the environment and efficiency, this article gives a detailed and exhaustive analysis of the geography of traffic conditions affecting the trams and buses of Brus- sels’ main mass transit network. The finely disaggregated data that we were able to obtain from the Brussels Interborough Transport Company (STIB/MIVB) enabled us to calculate and map three indicators (commercial speed, irregularity, and lost time) that make it possible to identify the network’s problem spots.
    [Show full text]
  • International Rainwater Catchment Systems Experiences PODW.Indd 1 20/05/2020 16:03 International Rainwater Catchment Systems Experiences Towards Water Security
    ©2020 The Author(s) This is an Open Access book distributed under the terms of the Creative Commons Attribution-NonCommercial-NoDerivatives Licence (CC BY-NC-ND 4.0), which permits copying and redistribution in the original format for non-commercial purposes, provided the original work is properly cited. (http://creativecommons.org/licenses/by-nc-nd/4.0/). This does not affect the rights licensed or assigned from any third party in this book. This title was made available Open Access through a partnership with Knowledge Unlatched. IWA Publishing would like to thank all of the libraries for pledging to support the transition of this title to Open Access through the KU Select 2019 program. Downloaded from https://iwaponline.com/ebooks/book-pdf/694304/wio9781789060584.pdf by IWA Publishing, [email protected] on 14 August 2020 International Rainwater Catchment Systems Experiences Catchment Systems International Rainwater From time immemorial, people have been managing rain. The availability of water and water sources determined where people would be able to live. Adequate International rainfall decided on the quality of agriculture. Technical advances and finance may have enabled societies to inhabit big cities and expand agriculture into dry areas, but only because of the resource rain provided through the water cycle. Rainwater Catchment Due to population growth, pollution, and climate change, water scarcity will be one of the most critical problems all around the world in the next 15 years. Today, around 10% of the world’s population lacks a proper water supply service. Harvesting rainwater and using it for drinking, domestic, industrial, and Systems Experiences agricultural uses will help to supply quality water to urban and rural populations.
    [Show full text]
  • Bruxelles 2040, Trois Visions Pour Une Métropole, Organisée Avec BOZAR Architecture Au Palais Des Beaux-Arts De Bruxelles, Du 16 Mars Au 15 Avril 2012
    TROIS VISIONS POUR UNE MÉTROPOLE BRUXELLES 2040 BRUXELLES 2040 PRÉFACE L'évolution de la Région suit à bien des égards entre 2000 et 2009) et que la navette sortante a CHARLES PICQUÉ, l'évolution des grandes métropoles. Celles-ci sont augmenté (de 48.000 à 60.000 pour la même pé- au cœur d'une économie de marché caractérisée riode) : signe avant-coureur d'un changement plus MINISTRE-PRÉSIDENT par la mobilité de plus en plus accrue des capitaux, profond ? Je peux espérer que la Région devienne des idées et des personnes. Elles sont également de plus en plus attractive pour y habiter, spécia- DE LA RÉGION DE le réceptacle des tensions des sociétés contem- lement pour les jeunes dont la classe d'âge aug- poraines marquées par la pression sur l'environne- mente fortement, et que les déplacements vers BRUXELLES-CAPITALE ment et sur la cohésion sociale quand la richesse l'extérieur de Bruxelles s'avèrent plus faciles et produite par les villes s'accompagne d'un chômage plus agréables en « heures creuses ». important ou de difficultés sociales. Elles sont en- a métropole bruxelloise est une réalité. Vivier fin porteuses d'avenir parce que c'est sur ces terri- La réalité du bassin socio-économique bruxellois socio-économique du pays, elle est appelée à toires innovants que se construit le futur. s'exprime au travers de quelques chiffres : 25 % Lse développer davantage. L'inscription, dans les des salariés habitant le Brabant flamand travaillent récents accords institutionnels, d'une communauté à Bruxelles, soit près de 120.000 personnes, et urbaine impliquant des territoires des deux autres LA RÉALITÉ DE L'AIRE MÉTROPOLITAINE 32 % des salariés habitent le Brabant wallon, soit Régions est la reconnaissance de cette réalité.
    [Show full text]