PROJECT UPDATE

New Milestone for Cityforward

November 11 - 2025


Whitewood is delighted to share that Union Bancaire Privée (UBP) UBP - Union Bancaire Privée - via one of its managed funds - has joined the shareholder base of Cityforward, through the contribution of the Egmont I & Egmont II buildings.
This marks an important step in the growth of the fund and strengthens our long-term investment strategy.

🤝 A strategic partnership

Welcoming UBP as a partner reinforces Cityforward’s capital base and opens the door to new opportunities.
Together, we aim to continue expanding the portfolio while attracting additional institutional investors who share our vision.

🏙️ Shaping the future of the European Quarter


This collaboration supports Cityforward’s mission to:
🌿 create sustainable, future-oriented urban districts
🏗️ transform existing buildings with circular and ESG-driven principles


🌍 deliver long-term value for residents, the city, and all stakeholders

Step by step, Cityforward continues to grow - driven by strong partnerships and a shared commitment to meaningful urban transformation.

Modern multi-story building with glass windows and a curved architectural design, situated on a rainy city street with pedestrians and storefronts at the ground level.

Oxy, Brussels

Mixed-use development with offices, housing, hotels, and extensive ESG features.

Tall modern office building with glass windows in an urban area

IT Tower, Brussels

23,000 sqm redevelopment scheduled for 2030, already securing 60% rental income before renovation.

Modern office building with blue glass exterior and the Engie logo at the top, surrounded by flags and buses in the foreground.

Engie Towers, Brussels

Large-scale redevelopment combining ESG upgrades and long-term leases (up to 18 years with EU Commission).