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Portrait ofPierre-Axel Chabot

Pierre-Axel Chabot

Partner

CMS DeBacker
Chaussée de La Hulpe 178
1170 Brussels
Belgium
Languages French, English, Dutch

Pierre-Axel is highly specialized in the real estate industry where he advises numerous Belgian and foreign players, including investors, occupiers, developers and financiers. His work includes notably the negotiation of property transfer deeds, share purchase agreements, partnership agreements, offices and retail lease agreements, construction contracts and property finance matters. He also advises client’s on real estate and construction-related disputes. Pierre-Axel also has specific expertise in the hotel industry.

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"Pierre-Axel Chabot is an excellent lawyer with a commercial spirit."

Chambers Europe, 2023

"Pierre-Axel Chabot is a great lawyer; very hands on and thorough. He was easy for an American company to work with."

Feedback from a client, Legal 500, 2022

"[Pierre-Axel Chabot] pays close attention to details and also is great with client service."

Feedback from a client - Chambers Europe, 2022

Relevant experience

  • Advising M&G on the acquisition of a €40m office building at Rue Guimard in Brussels.
  • Assisting Siemens in the sale and leaseback of its major head quarter in Belgium.
  • Advising Tesla on all their leasing, environmental, town planning, construction and other real estate matters.
  • Advising a leading global management consulting firm on the negotiation, drafting and execution of a new build to suit 8,000 sqm office lease agreement in Brussels CBD.
  • Advising Leoville Properties, a Belgian specialized real estate fund, in the acquisition of several retail units across Belgium.
  • Advising the French group Plastic Omnium on the construction of a new research and innovation center.
  • Advising Unibail Rodamco and the winning consortium on the €550m redevelopment of the Heysel site (Project NEO).
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Memberships & Roles

  • Member of the RICS (Royal Institution of Chartered Surveyors) - an international, independent and self-regulating professional organisation offering recognised qualifications and standards in the property, construction and infrastructure markets;
  • Member of UPSI (Union Professionnelle du Secteur Immobilier), bringing together the majority of real estate players active in Belgium.
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Publications

  • P-A. CHABOT, «Covid-19: Fin de l'incertitude en matière de copropriété » 24/04/2020 
  • P-A. CHABOT, “Belgium adopts property law reform”, 4/02/2020 
  • P-A. CHABOT & L. DE HULTS,  Jurim pratique, « La validité des dispositifs de limitation à la liberté d’industrie dans les centres commerciaux », 2018/3
  • P-A. CHABOT & A. LOMBART, Jurim pratique, « Les conséquences d’une restructuration d’entreprise sur les baux et contrats assimilés », 2009/1
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Education

  • 2005 - Solvay Business School - ULB - Belgium (Executive program in real estate)
  • 2000 - University of Brussels, ULB - Belgium (Master in European business law)
  • 1998 - Bar admission (Brussels, Belgium)
  • 1998 - University of Louvain, UC Louvain (Master of laws)
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13/07/2021
Cutting-edge Real Estate in Belgium
Globalisation, political turbulence, changes in urban living patterns, increased digitisation, shifting consumer behaviour and flexible working are just some of the issues that are transforming the demands...

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15/03/2024
CMS Real Estate Data Centre Consenting in Belgium
1. Do you have to enter into a form of agreement with the local au­thor­ity/mu­ni­cip­al­ity when applying for consent for a data centre in your jurisdiction? The construction of a data centre requires a permit...
Comparable
20/09/2023
CMS Hotels & Leisure Global Brochure
At CMS, we understand the Hotel & Leisure business environment. Our experience covers all aspects of the industry – we are there to guide you and help you grow and stay competitive in crowded markets...
03/05/2023
Real estate transaction costs and taxes in Belgium
1. Due diligence costs for the purchase of real estate 1.1 Municipal search Cost EUR 250 VAT Nil 1.2 Utility search (each service) Cost N/A VAT Nil 1.3 Land registry search (per search) Cost EUR...
01/11/2022
Commercial rent payments in Belgium
1. General overview Since the outbreak of the Covid-19 pandemic early 2020, the Belgian Government has adopted some measures to try to control the virus spread as much as possible. More particularly...
13/07/2021
Cutting-edge Real Estate in Belgium
Globalisation, political turbulence, changes in urban living patterns, increased digitisation, shifting consumer behaviour and flexible working are just some of the issues that are transforming the demands...
12/07/2021
Webinar: Real Estate & Insolvency
Although the economy seems to recover quickly, the real estate planet is and will continue to be facing challenging times. The end of the protection and support measures put in place by our governments...
16/04/2021
Belgium
Recent work highlights Planning and environmental Klépierre | Assisting Klépierre on various aspects of their shopping mall in Louv­ain-la-Neuve, including its extension. AG Real Estate | Advising on various planning related matters in relation with ongoing construction and refurbishment projects in the retail/office and housing segments. Plastic Omnium | Advice in the context of the development of a research center in Brussels including planning and environmental advice. Construction and development Unibail Rodamco | Advising Unibail Rodamco and the winning consortium on the €550m redevelopment of the Heysel site (Project NEO) as a mixed use project comprising a shopping mall, 590 housing units, two day nurseries, 3,500m² of­fices, a retirement home, 112,000m² ded­ic­ated to indoor and outdoor leisure and 30 restaurants. Pharma Belgium | Assisting Pharma Belgium in their recent expansion plans in Belgium and the establishment of new logistic and warehouse centers both in the Walloon and the Flemish regions. NH Hotels | Advising NH Hotels on the sale of a hotel located in Ghent. This building has been sold to private developer Promiris that shall redevelop the building in the coming next months. Castleforge | Assisting private real estate investment firm Castleforge Partners (and its Belgian asset/property manager Phicap) in the drafting and negotiation of the construction agreement (architect, contractor, engineer, etc.) relating to two office buildings, in Brussels CBD and the center of Antwerp. Eiffage Dévelop­pe­ment | Advising Eiffage Développement in connection with a long-term occupation agreement to be proposed to possible tenants of a brand new office development in the Brussels vicinity. Investment and disposal Coca Cola | Assisting Investcorp on the acquisition of the Brussels Headquarters of Coca-Cola in the context of a sale and leaseback transaction. The acquisition was financed by Helaba. The transaction was structured in a fairly complex manner with Luxembourg intermediate holding and financing structures. Seven | Advising HSBC on the acquisition of “Immo-Jac­q­main”, a Belgian SPV that owns an office building located at 7 Boulevard Albert II in Brussels from two Flem­ish­developers, Baltisse and Downtown.M&G Real Estate | Advising M&G in the management of their Belgian portfolio including acquisition and disposal of office buildings in Brussels CBD. Leoville Properties | Assisting Leoville Properties SCA through numerous share deals acquisitions, with retail properties essentially located in high-street in Brussels, Antwerpen and Gent. Leoville is a Belgian retail investment fund, specialized in long term capital development. HNW individuals led by HSBC Private Bank in Luxembourg | The transaction involved the acquisition of “Immo-Jac­q­main”, a Belgian SPV that owns an office building located at 7 Boulevard Albert II in Brussels from two Flemish developers, Baltisse and Downtown. The building is let a.o. to Fosbury & Sons, Luminus and the Flemish Government. Managers and occupiers Logicor | Advising Logicor, a European leading warehouse and logistics company, in all tax and legal matters relating to their logistic properties across Belgium. DSV | Advising DSV on the sale and leaseback of logistics units in Flanders. Aroundtown | Advising Aroundtown in the context of the rebranding (from private white label to major international brand) of the President Hotel in Brussels North. This included reviewing the Franchise Agreement, Property Owner Agreement, Lease Agreement, Guarantee agreement, etc. Standard International | Acting for the American hotel operator Standard International in the negotiation of a long-term hotel management agreement with a view to operate a brand-new 5 stars hotel currently under development in old iconic Brussels towers being entirely refurbished. Immowal | Assisting Immowal (Administrative arm of the Walloon government), in the open bit process for the choice of a 15.000 m2 office building to be taken into occupation for a 20 year period. Pierre & Vacances | Advising French group Pierre & Vacances on a large range of real estate matters in relation with their 3 large leisure parcs based in Belgium as well as their apart hotel properties located in CBD. Ennismore Hotel Hoxton | Acting for the London based hotel operator Ennismore in the negotiation of a long-term hotel management agreement to operate a brand-new 5 stars hotel under the brand “Hoxton” in Brussels central district. Financing Aareal Bank of Germany | Advising long standing client Aareal Bank of Germany in connection with the refinancing of the acquisition of the ”Mondrian”, an iconic office building located at Rue du Champ de Mars in Brussels. The building is owned by Fondo Cicerone, asset managed by CBRE Global Investors and occupied by the EC under a usufruct contract. NH Hotels | Advising NH Hotels on various transactions, including their acquisition of a 20+ years lease of two Brussels hotels totalling more than 500 rooms from hotel investment fund Pandox, the renegotiation of their emphytiotic lease on a major hotel in Brussels owned by WestInvest and on the development of a new 180 rooms hotel in Antwerp. 
28/10/2020
Regional aid for Brussels hotels and aparthotels: eligibility criteria
On 17 July 2020, the government of the Brussels-Capital Region decided to grant support measures for hotels and aparthotels severely impacted by the sanitary crisis. On 9 October 2020, the European Commission...
21/07/2020
Building law and regulation in Belgium during Covid-19
Updated on 08.04.2020. 1. Is there con­struc­tion-rel­ev­ant COVID-19 regulation? No, there is no COVID-19 regulation in Belgium that exclusively applies to the construction industry. However, general COVID-19...
24/06/2020
Webinar recordings - Covid-19 (Coronavirus) in Belgium
Watch the recordings of webinars where our specialists tackle some important aspects and practical steps that businesses should take into consideration in light of the COVID-19 (coronavirus) outbreak. ...
17/06/2020
Law and regulation of rental agreements in Belgium during Covid-19
Updated on 25.03.2020 1. Is a lessee eligible for rent reduction due to a significant decline in footfall and consequently its turnover as a result of COVID-19? No a decline of the turnover does not...
28/04/2020
CMS Webinar - Covid-19 and Real Estate - Legal issues to bear in mind in...
The Covid-19 crisis is dominating the international news and affecting all areas of business life. The Real Estate sector makes no exception. Owners and occupants as well as many other actors of the industry...