What Futurn does

Futurn Holding NV is a Belgian commercial real estate redevelopment firm headquartered in Kortrijk, founded approximately 2010, specializing in the reconversion of abandoned and underutilized industrial sites into modern, sustainable business parks. Operating primarily in Flanders with expansion into Wallonia and the Brussels periphery, the company transforms brownfield sites — former paper factories, military bases, and industrial complexes — into multifunctional business campuses combining SME units (KMO-units starting from 180 m²), offices, showrooms, and custom-built facilities. The company's portfolio spans 42 completed campuses, 900+ business units sold, and 1.62 million m² of redeveloped land, with active projects including RE|CORE (Hasselt), Cesar Business Park (Bornem), Catala Business Park (Drogenbos), Tilia (Braine-l'Alleud), Bollaarpark (Lier), and Westgate (Grand-Bigard).

The business model combines one-time unit sales, recurring rental income on retained properties, custom Build-to-Suit development services, and selective land acquisition. Distribution is sales-led through a small team of dedicated sales developers assigned to individual projects, supported by direct website inquiries, project launch events, and an educational content hub (FAQtory). Pricing is transaction-specific rather than standardized, with properties sold or leased on individual basis. Construction is executed through a core partnership with Mathieu Gijbels and supported by specialized firms for architecture (UAU Collectiv, ABN Architecten), landscape (Studio Basta), and energy consulting (Enerdo). Futurn's GoGreen sustainability framework — covering circular construction, water management, green roofs, solar panels, EV charging, and battery storage — serves as both an ESG positioning asset and a design standard across developments, exemplified by the CO2-neutral Bollaarpark. Customer base spans pharmaceutical (Novo Nordisk, AstraZeneca), media (Mediahuis), logistics (DPD), retail (Brico, ABInbev), manufacturing (Festool, Van Marcke), and SME segments, with no publicly disclosed revenue figures.

Name

Futurn

Legal name

Futurn Holding NV

Website

https://futurn.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

11–50 employees

Short description

Futurn is a Belgian commercial real estate firm that redevelops abandoned industrial sites into sustainable business parks across Flanders and Wallonia, selling and leasing SME units, offices, and custom-built facilities to enterprise and SME tenants.

Ownership category

akta.pro rank

Headquarters

HQ city

Kortrijk

HQ country

Belgium

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Business Unit Sales: Sale of developed KMO units, offices, showrooms, and industrial spaces to businesses. Units range from 180 m² to multi-thousand m² custom buildings.
2. Property Rental: Rental of office space, showrooms, and commercial units. Flexible rental options including full building or per-floor arrangements.
3. Build-to-Suit Development: Custom development services where Futurn designs and builds properties tailored to specific client requirements, from land acquisition through to delivery.
4. Land Acquisition: Purchase of underutilized industrial sites for redevelopment into business parks.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

Futurn is a Belgian commercial real estate developer specializing in the reconversion of abandoned and underutilized industrial sites into sustainable business campuses across Flanders and Wallonia. The company develops and sells/rents KMO-units (SME business units starting from 180 m²), offices and showrooms, and fully customized build-to-suit commercial buildings through named project brands such as RE|CORE, Cesar Business Park, Catala Business Park, Tilia, Bollaarpark, and Westgate.

Product overview

Futurn offers a portfolio of commercial real estate development services centered around the redevelopment of existing industrial sites into sustainable business campuses across Flanders and Wallonia, Belgium. The core offerings include three product lines: KMO-units (flexible SME spaces starting from 180 m²), Kantoren en Showrooms (offices and showrooms), and Build-to-Suit (fully customized buildings). These are delivered through named project brands including RE|CORE (Hasselt), Cesar Business Park (Bornem), Catala Business Park (Drogenbos), Tilia (Braine-l'Alleud), Bollaarpark (Lier), and Westgate (Grand-Bigard). Supporting offerings include GoGreen sustainability principles and FAQtory informational content.

Differentiator

Problem solved

Functional benefit

Brands

• RE|CORE: A sustainable business campus project in Hasselt, developed in partnership with Mathieu Gijbels, transforming the former Recor industrial site.
• GoGreen

Products and services

• KMO-units Flexible SME (KMO) business units starting from 180 m², designed for small and medium enterprises seeking functional and future-proof workspace within Futurn's redeveloped business campuses.
• Kantoren en Showrooms (Offices and Showrooms) Office and showroom spaces designed to be inspiring, practical, and sustainable for businesses requiring visibility and professional workspace within Futurn's redeveloped campuses.
• Build-to-Suit Fully customized commercial buildings designed and constructed to meet specific business requirements, workflows, and growth plans, delivered from land acquisition through to handover.
• RE|CORE Hasselt Business Campus Sustainable business campus in Hasselt transforming the former Recor industrial site, featuring KMO-units, offices, custom-built spaces, warehouses, and showrooms.
• Cesar Business Park (Bornem) Business park in Bornem offering KMO-units, semi-industrial units, and office space, located in the strategic golden triangle of Antwerp-Brussels-Ghent.
• Catala Business Park (Drogenbos) Mixed-use development in Drogenbos transforming the former Catala paper factory into a dynamic business campus with SME units, showrooms, warehouses, offices, and custom-built buildings.
• Tilia Business Park (Braine-l'Alleud) Business park in Braine-l'Alleud (Lillois-Witterzée) spanning 6 hectares with modern SME units and custom-built building plots along the N27.
• Bollaarpark (Lier) Sustainable redevelopment of a former military site in Lier into multifunctional business park with SME units, offices, showrooms, and residential units combined with workspaces.
• Westgate Campus (Grand-Bigard) Multi-building business campus in Grand-Bigard featuring stacked SME units and showrooms, positioned at the intersection of R0, E19, and E40 highways.

Quantifiable outcome

• 1,621,738 m² of land redeveloped
• +3 more outcomes

Named customers16 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered core, supporting and minor.

• Mathieu GijbelscoreStrategic or Co-development PartnerConstruction partner for multiple Futurn projects including RE|CORE Hasselt, Cesar Business Park, and Catala Business Park. Mathieu Gijbels handles general construction and build-to-suit developments across the portfolio.
• UAU CollectivcoreStrategic or Co-development PartnerArchitectural firm responsible for RE|CORE masterplan design, including renovation of the iconic office building and new constructions. Also designed Hasselt Stadhuis.
• Studio BastasupportingStrategic or Co-development PartnerLandscape architecture partner for RE|CORE project, responsible for outdoor space design and green integration.
• EnerdosupportingStrategic or Co-development PartnerEnergy and sustainability consultancy for RE|CORE, ensuring high environmental standards and energy efficiency in developments.
• ABN ArchitectencoreStrategic or Co-development PartnerArchitectural firm for multiple Futurn projects including Cesar Business Park and Bollaarpark Lier.
• Odebrecht (Straco)coreStrategic or Co-development PartnerJoint venture partner for Catala Business Park redevelopment. Futurn and Straco acquired the former paper factory site in 2019 for transformation into a modern business campus.
• VLAIOsupportingOthersFlemish government agency for Innovation and Entrepreneurship provides support for the Catala Business Park project development.
• Elbo SignsminorImplementation/ SI/ Consulting PartnerHasselt-based company that renovated the iconic RECOR neon letters into RE|CORE signage for the Hasselt business campus.

Scale indicators4 records

Recent moves12 records

Expansion highlights6 records

Regional players

• Intervest Offices & Warehouses: Belgian listed real estate company owning and repositioning office and warehouse assets, comparable in developing and leasing commercial premises.
• Atenor: Belgian listed real estate developer of large office and mixed-use urban projects, overlapping with Futurn's commercial development and reconversion focus.
• VGP: Belgium-headquartered developer and owner of semi-industrial and logistics business parks across Europe; directly comparable in developing and leasing commercial/industrial parks, at larger pan-European scale.
• Immobel: Belgium's largest listed property developer across offices, residential and mixed-use; comparable business model of acquiring and developing commercial sites.
• Ghelamco: Belgian real estate developer active in offices, logistics and mixed-use projects, comparable in developing commercial real estate for enterprise occupiers.

Direct peers

• Banimmo: Belgian real estate company specializing in the repositioning and redevelopment of existing/underused sites, closely mirroring Futurn's brownfield reconversion model.

Broad incumbents

• Segro: Major European industrial and business-park developer/landlord; comparable in developing and leasing industrial/urban logistics space, at far larger scale and geography.
• WDP (Warehouses De Pauw): Belgian logistics and semi-industrial real estate owner/developer leasing space to enterprise occupiers, overlapping with Futurn's rental and industrial-park activities.
• CTP: Large European developer and owner of industrial and business parks; overlaps with Futurn's business-park model but at much larger Central-European scale.
• Montea: Belgian logistics real estate REIT developing and leasing industrial/logistics sites, comparable in commercial-space development and letting to businesses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/recorehasselt

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Futurn