Land belonging to the bankrupt Belgian bus manufacturer Van Hool is now for sale, with an initial asking price of 20 million euros, according to multiple reports.
Approximately 30 hectares (74 acres) of land in Koningshooikt and Lier are included in the sale, representing a significant portion of the former Van Hool grounds. The land is being marketed as strategically valuable and potentially beneficial for economic growth and job creation.
The sale marks a key step in the liquidation of Van Hool, which filed for bankruptcy protection in March 2023 after struggling with financial difficulties. The company, a major player in the European bus and coach market, had faced challenges related to the COVID-19 pandemic and broader economic headwinds.
According to reports, the land is considered prime real estate due to its location and potential for development. The initial asking price reflects this value, and the sale is expected to attract interest from a range of investors, and developers. The move is seen as a positive development for the local economy, potentially unlocking recent opportunities for investment and employment.
The first parcels of land are now available for purchase, with the 20 million euro figure representing the starting point for negotiations. The sale process is being handled by real estate agents specializing in industrial land transactions.
