Laurent Cooreman on Monday was appointed as chief executive officer at Belair House, the real-estate focused family office unit of Banque Internationale à Luxembourg, also known as BIL.
Cooreman joins from CBRE Luxembourg, where he held the position of managing director and board member for nine years after opening the firm’s office in the grand duchy. He also is the founder and owner of Square Meter, dedicated to the development of real estate partnerships in Luxembourg, including asset management, lease and sales coordination, valuations, project development and advisory.
Marcel Leyers, CEO of BIL, said the appointment should strengthen BIL’s position as a Luxembourgish bank for entrepreneurs. “The real estate market is both an opportunity and a challenge for many of our corporate and wealth management clients and we are happy that we can increase our overall expertise in this field with Laurent Cooreman,” he said in a statement.
‘Full value chain’ now covered
“With Laurent Cooreman on the helm of Belair House we can offer dedicated and tailor-made service to our clients,” said Jeffrey Dentzer, chairman of the board of Belair House and head of Luxembourg market and CIB at BIL. “With his arrival, we cover the full value chain of investing in real estate. This is a perfect addition for our core market in Luxembourg and the Greater Region. Belair House is uniquely positioned as a real estate family office and Laurent will help us to further develop our profile and offering.”
Cooreman said he looks forward to bringing together different fields of expertise in his new role. “It is a great momentum to bring together equity, debt, real estate knowledge, experience and network through a dedicated platform aiming at client’s wealth preservation and growth. In today’s market, strategic and practical deployment of assets in the real estate market is key. We are all very excited to assist and work with current and future clients.”