Collective purchase of vacant real estate
Underused buildings | Activating
Source: City of Brussels
Source: City of Brussels
Keywords: Abandoned Spaces | Housing | Participation


The project promoted the match making between abandoned industrial buildings with people that looked for living accommodation and work space at affordable prices.



The Bourse d'Achat project was co-ordinated by the DDV (Délégation au développement de la Ville) in Brussels city council. It identified empty properties, negotiated a fixed purchase price with the owner and then assembled a group or co-operative of individuals to purchase the building. After the group (5 to 50 individuals depending on the size of the property) had reached a collective agreement on the use and conversion of the building, it would purchase the building from the owner.

The group received support from the DDV including assistance in arranging finance, weekly meetings to agree the development (who occupies which space and for what purpose etc.) and consultations with relevant authorities.


The Bourse d'Achat supported new ways of bringing people together and cooperate. It supported the matchmaking of people looking for space within vacant buildings. Important to this is the leading role of the municipality (neutral match maker), the need to build trust and the use of flexible agreements.

Problems identified include cumbersome bureaucracy and the appearance of speculators which distorted the target group and drove up prices.


City information

Population size: no data/not applicable
Population development dynamics of the administrative city (at the time of the project): no data/not applicable
Population development dynamics of the functional urban area (at the time of the project): no data/not applicable
Website of the city: no data/not applicable

Project information

Project territorial focus: no data/not applicable
Project geographical area: no data/not applicable
Project type and size: building: no data/not applicable; area: no data/not applicable
Project main actors: no data/not applicable; Potential users (interested in the project in that way)
Project dominant property ownership: no data/not applicable
Project development stage (at the time of description): no data/not applicable
Project duration: 2 to 5 years
Project starting date: no data/not applicable

Project References;;;

Contact Person

Délégation au Développement Durable de la Ville, Marie Demanet, Tel. +32/2/279.31.43,