Egied van Broeckhoven

Molenbeek-Saint-Jean, Belgium
Delivering innovative, new and renovated schools to transform the learning experience of students
1st June 2022 Financial Close
2022 – 2024 Construction Period
30 years Concession Period
2054 Handback

The background

School infrastructure in Flanders (northern region of Belgium) has suffered from decades of structural underinvestment, resulting in old and outdated school infrastructure that no longer meets current standards. To address this, the Flemish Government has launched a new programme to deliver 42 schools through a public-private partnership (PPP) model. Under a design, build, finance and maintain (DBFM) approach, the programme will expand capacity, create additional student places, and ensure that new school buildings are multifunctional and accessible to the wider community.

In 2022, an Invesis and Alheembouw consortium, operating as ABC 02, was selected to deliver the Egied Van Broeckhoven School in Molenbeek-Saint-Jean – marking a key milestone as the first project delivered under the Flemish Government’s DBFM schools programme. Located in one of the most socio-economically challenged districts in the Brussels region, with a growing population and high youth unemployment, the project is designed to support improved educational outcomes and future employment opportunities.

Operational since July 2024, the school provides a modern, innovative learning environment that enhances the student experience and equips young people with the skills and knowledge needed to succeed in their future careers.

Client

VZW Ignatius Scholen in Beweging

Capital Value

 €35m

Sponsor/Investor

Invesis and Alheembouw nv

Consortium

ABC 02

Engineering, Procurement and Construction (EPC)

Alheembouw nv

Operations and Maintenance (O&M)

BAM Facility Management bv

Business value

Egied Van Broeckhoven School is Invesis’ first project as an investor developer. When considering potential medium-sized EPC (Engineering, Procurement and Construction) partners, Invesis analysed their experience with school projects, approach to partnering, financial capacity, and quality of local contacts through their successful delivery of previous projects.  

Following this evaluation, Invesis partnered with Alheembouw to form the ABC 02 consortium. This collaboration combines Invesis’ expertise in PPP delivery with Alheembouw’s strong track record in construction, particularly within the education sector. 

By partnering with the ABC 02 consortium, the client will work with a consistent team throughout the entire lifecycle of the project who have the capability, experience and expertise to deliver a high-quality educational asset on behalf of the Flemish Government. 

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Key features

By partnering with the ABC 02 consortium, the project; 

  • facilitates over 860 students, receive high quality education in modern and contemporary classrooms for practical and theoretical courses. 
  • has a sustainable design with homage to the former Vandenheuvel brewery, thereby revitalising the social fabric of the surrounding area.  
  • won the ‘Societal Award’ at the inaugural Realty Awards 2024, recognising Egied Van Broeckhovenschool for being a socially impactful project that significantly improves community well-being, promotes social inclusion, improves access to essential services, drives economic opportunity and creates lasting positive change for local residents and stakeholder