What Versluys Groep does

Versluys Groep (operating as Groep Versluys) is a Belgian construction and real estate development company founded in 1908 and headquartered in Oostende, Belgium. The firm operates as a vertically integrated building group, combining residential real estate development (apartments and villas), general contracting as a structural contractor (ruwbouwaannemer), and property brokerage (makelaar) through its owned sales office (verkoopskantoor). Its core Belgian business serves residential property buyers along the coastal region, particularly in Oostende and Bredene, with a workforce of 51–100 employees and a horizontal segmentation across use cases.

The company's product portfolio comprises three core lines: real estate development services, construction services, and real estate brokerage — all concentrated in Belgian coastal residential real estate. Technology stack and proprietary systems are not disclosed; the business relies on traditional development, contracting, and brokerage operations. A sustainability-adjacent partnership with Smappee supports EV charging infrastructure and energy efficiency initiatives. No certifications, patents, or AI/technology platforms are referenced.

Versluys Groep generates revenue through one-time property sales at project completion. Historically Belgian-focused, the company has begun a strategic international expansion via a joint venture with Miami-based Prosper Group. The JV is developing a 60-story, 181-unit luxury condo tower in Miami's Brickell district valued at $650 million — the company's first U.S. project — financed in part by a $30.5 million debt facility from Vaster and supported by an earlier $513 million financing for two additional Miami condo towers. The company remains privately held, with no institutional investors, public listing, or parent company disclosed in the source data.

Name

Versluys Groep

Legal name

Groep Versluys

Website

https://groepversluys.be

Company type

Private

Founded year

1908

Operating status

Operating

Headcount range

51–100 employees

Short description

Versluys Groep is a Belgian construction and real estate development firm founded in 1908 in Oostende, building apartments, villas, and luxury condos along the Belgian coast and, more recently, in Miami via a joint venture with Prosper Group.

Ownership category

akta.pro rank

Headquarters

HQ city

Ostend

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Supply Chain, Marketing or Sales

Revenue model

1. Real Estate Development and Sales: Versluys Group generates revenue through the development and sale of residential real estate projects. This includes apartment complexes, villas, and condo towers. Revenue is realized through property sales at completion.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels1 record

Core offering

Versluys Groep develops and sells residential properties, including apartments, villas, and condominium towers. It also provides general contracting, building-development, and real estate brokerage services, primarily in Belgium's coastal region, with a Miami Brickell condominium development structured through a joint venture.

Product overview

Versluys Groep is a Belgian real estate development and construction company founded in 1908. The company operates as a vertically integrated building group offering residential real estate development (apartments, villas), construction services, and brokerage primarily along the Belgian coast (Oostende, Bredene). The company recently expanded internationally with its first U.S. development, a $650 million, 60-story, 181-unit condo tower in Miami's Brickell district developed in partnership with Prosper Group.

Differentiator

Problem solved

Functional benefit

Products and services

• Real Estate Development Services Development of residential properties, including apartments, villas, and condominium towers, with projects in Belgium's coastal market and a Miami Brickell development.
• Construction Services General contracting, rough-construction contracting, and building-development services for property development projects, supported by the company's own property sales office.
• Real Estate Brokerage Real estate brokerage services facilitating residential property transactions in the Belgian coastal market.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Prosper GroupcoreStrategic or Co-development Partner · 5 August 2026Prosper Group and Versluys Group formed a joint venture for the $650M Miami Brickell condo tower development. This partnership marks Versluys Group's first U.S. endeavor, combining local market expertise with European development experience.

Scale indicators4 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Related Group: Largest privately held real estate developer in Florida, focused on luxury condo and mixed-use developments including major projects in Miami's Brickell district — directly comparable to Versluys's Brickell 60-story tower.
• PMG (Property Markets Group): Miami-based luxury residential and condo developer with active projects in Brickell and surrounding neighborhoods — competes directly with Versluys's JV Brickell development for buyers and prime sites.
• Fortune International Group: Long-established Miami-based real estate developer specializing in luxury condo towers in Brickell and surrounding waterfront — comparable in product type (luxury condo) and target buyer (high-net-worth) to Versluys's Brickell project.
• Aria Development Group: Miami-focused luxury condo developer active in the Brickell submarket — direct competitor for premium waterfront sites and luxury condo buyer demand overlapping with Versluys's US pipeline.
• Immobel: Listed Belgian real estate developer (Euronext Brussels) developing mixed-use and residential projects across Belgium and internationally — most directly comparable Belgian peer to Versluys in terms of geography, product type, and integrated developer model.
• Atenor: Belgian real estate developer listed on Euronext Brussels, focused on large residential and mixed-use developments in Belgium and other European cities — closely comparable developer operating in Versluys's home market.

Regional players

• Banimmo: Belgian real estate redevelopment and investment company focused on commercial and residential projects — comparable regional Belgian developer to Versluys, though with a stronger commercial/office tilt.

Broad incumbents

• CFE Group: Belgian construction and engineering group (subsidiary of Ackermans & van Haaren) operating in construction, real estate, and concessions — broader incumbent with construction and real estate development overlap with Versluys.
• BESIX Group: Largest Belgian construction group operating across construction, real estate development, and concessions internationally — broader incumbent comparable to Versluys on construction execution and international development.
• Ackerman & Co: US-based vertically integrated real estate developer and investment manager operating across residential, commercial, and industrial — broader incumbent with similar integrated developer model but at much larger scale than Versluys.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights5 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

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 Versluys Groep