What Immogra does

Immogra is a privately held Belgian real estate developer and investor founded in 1970 and headquartered in Ghent, Belgium. The company operates a full development lifecycle ("van A tot Z") across four product categories: residential (apartments, penthouses, single-family homes, and assisted living units), offices (custom-built headquarters and multi-tenant campuses), retail premises at AAA locations, and student housing. The portfolio spans more than 50 completed projects across Belgium — concentrated in Flanders and the Brussels-Capital Region — with a single historical project in Warsaw, Poland (BW Office Centre, 2000-2002).

The business delivers differentiated, architecturally distinctive developments in collaboration with a stable of renowned Belgian and international architecture firms including Jaspers-Eyers Architects, CAAN Architecten, JUMA Architecten, LinkLab Architecture, Stéphane Beel Architects, and 360 Architecten. Notable delivered projects include HQ Immogra (3,500 m², 2016-2018), The Beacon in Antwerp (17,000 m², 2018), the Park 7 campus in Diegem/Zaventem (multiple buildings including a custom 5,000 m² headquarters for 3M Belgium delivered in 2020), Dunant Gardens in Ghent (26,500 m², 2019), and Student Campus Sint-Maarten in Kortrijk (15,000 m², 431 student rooms, 2022-2023).

The revenue model is one-time property development and sales (residential units) plus long-term commercial leasing of office and retail space, with pricing being project-specific and quote-based. Go-to-market is sales-led and direct, with no intermediaries; the multilingual website (Dutch, French, English), newsletter subscriptions, and a dedicated contact form serve as the primary marketing channels. Enterprise tenants include 3M Belgium, Ethias, SBB (Swiss Federal Railways), and Woodstoxx. The firm employs 11-50 people, maintains no proprietary technology platform, and is privately held with no disclosed funding rounds or institutional investors.

Name

Immogra

Legal name

Immogra

Website

https://immogra.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

11–50 employees

Short description

Immogra is a privately held Belgian real estate developer and investor, founded in 1970 and headquartered in Ghent, specializing in residential, office, retail, and student housing projects across Belgium with end-to-end development capabilities.

Ownership category

akta.pro rank

Headquarters

HQ city

Gent

HQ country

Belgium

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Property Development and Sales: Immogra develops residential, office, retail, and student housing properties and sells or leases them to end-users, investors, and corporate tenants. Revenue is generated through the sale of completed residential units and long-term leasing of commercial and office spaces.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Immogra is a Belgian real estate developer and investor that develops, designs, and delivers residential, office, retail, and student housing properties from site acquisition through construction to sale or long-term lease. The company runs projects across Belgium (Flanders and Brussels-Capital Region) and one office scheme in Warsaw, Poland, partnering with renowned architects to produce sustainable, architecturally distinctive buildings. Revenue is generated by selling completed residential units to individual buyers and investors and by leasing commercial and office space to corporate tenants.

Product overview

Immogra is a Belgian real estate developer and investor with over 50 years of experience, operating as a single unified offering rather than a platform-plus-modules architecture. The company provides end-to-end property development services across four main categories: Residential (apartments, assisted living, single-family homes), Offices (commercial office buildings and campuses), Retail (commercial premises), and Student Housing. Projects span Belgium and include notable developments such as Dunant Gardens in Ghent, Park 7 campus in Diegem/Zaventem, The Beacon in Antwerp, Student Campus Sint-Maarten in Kortrijk, and BW Office Centre in Warsaw, Poland. The company handles the entire development process from A to Z with a streamlined decision-making structure.

Differentiator

Problem solved

Functional benefit

Products and services

• Residentieel (Residential Development) Development and sale of high-quality residential apartments, penthouses, assisted living units, and single-family homes for individual buyers and investors across Belgium. Each project is delivered as a finished development with shared amenities, marketed under a distinct project name.
• Kantoren (Office Development) Development and leasing of sustainable, architecturally distinctive office buildings and corporate campuses on strategic locations for multinational tenants, SMEs, and startups. Includes custom-built headquarters delivered to specific corporate requirements, such as the 5,000 m² Park 7 – Ambergebouw for 3M Belgium.
• Retail Development Development and leasing of retail premises at prime, high-visibility Belgian locations. Buildings are designed to maximise visibility and accessibility, often co-located with residential and office uses to drive footfall.
• Studentenkamers (Student Housing Development) Development and operation of purpose-built student accommodation near Belgian university campuses, featuring private sanitary facilities, communal areas, sports facilities, and green spaces. Units are leased directly to students and managed on-site.

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

19 partnerships are on record, tiered minor and core.

• EthiasminorOthersEthias occupies regional headquarters space in the HQ Immogra office building in Ghent. The building was designed by CAAN architects in collaboration with JUMA architects and also houses SBB regional headquarters.
• SBB (Swiss Federal Railways)minorOthersSBB occupies regional headquarters space in the HQ Immogra office building in Ghent, co-located with Ethias and Immogra's own offices.
• 3M BelgiumcoreOthers3M Belgium occupies a custom-built headquarters at Park 7 – Ambergebouw in Diegem. Immogra designed and built a 5,000 m² office building with ~200 underground parking spaces, delivered in Q4 2020. Stéphane Beel Architects, Jaspers-Eyers Architects, and Avantgarden (landscape architect) were the design team.
• WoodstoxxminorOthersWoodstoxx, a West Flanders wood processing company, is the occupant of The Hub Woodstoxx retail/office development in Ghent (opened 2018). The Hub serves as Woodstoxx's creative office as well as a public-facing knowledge centre, materials library, and event venue for international speakers.
• CAAN ArchitectencoreStrategic or Co-development PartnerCAAN Architecten collaborated with JUMA Architecten on the design of HQ Immogra (2016-2018, 3,500 m²), Immogra's own headquarters in Ghent, which also houses Ethias and SBB.
• JUMA ArchitectencoreStrategic or Co-development PartnerJUMA Architecten co-designed HQ Immogra (2016-2018) with CAAN Architecten.
• Jaspers-Eyers ArchitectscoreStrategic or Co-development PartnerJaspers-Eyers Architects designed multiple Park 7 buildings (Onyxgebouw, Ambergebouw, Xenongebouw) and collaborated with UAU Collectiv Architecten on Project M in Beringen. Key partner for office campus developments.
• Stéphane Beel ArchitectscoreStrategic or Co-development PartnerStéphane Beel Architects designed the Park 7 – Ambergebouw (custom headquarters for 3M Belgium), contributing to the low-energy, smart architecture concept.
• Montois & Partners ArchitectsminorStrategic or Co-development PartnerMontois & Partners Architects designed the BW Office Centre in Warsaw, Poland (2000-2002, 20,000 m², 3 buildings of 7 storeys), Immogra's only project outside Belgium.
• LinkLab ArchitecturecoreStrategic or Co-development PartnerLinkLab Architecture designed Student Campus Sint-Maarten in Kortrijk (2022-2023, 15,000 m², 431 student rooms), one of Immogra's largest student housing projects.
• 360 Architecten and Kollektif LandscapecoreStrategic or Co-development Partner360 Architecten and Kollektif Landscape designed the Stroppark student housing project in Ghent (in progress), transforming the former FARYS site with 240 student rooms and a publicly accessible 4,781 m² park.
• Tony Fretton Architects / Bontinck ArchitectureminorStrategic or Co-development PartnerTony Fretton Architects (with Bontinck Architecture and Engineering) designed Dunant Gardens in Ghent (2019, 26,500 m² mixed programme, 153 flats, 56 assisted living units, 1 commercial space) around four courtyard gardens.
• A3 Atelier D'ArchitectesminorStrategic or Co-development PartnerA3 Atelier D'Architectes designed Calabria in Sint-Lambrechts-Woluwe (2007, 11,500 m², 94 flats, phased project of 210 total units along Calabria Avenue).
• Bart LensminorStrategic or Co-development PartnerBart Lens designed One Broel in Kortrijk (2022), a prestigious residential project along the river.
• Myth ArchitectsminorStrategic or Co-development PartnerMyth Architects designed La Colline in Duinbergen (Knokke-Heist), a residential project of three exclusive villa-style apartments with timeless architecture.
• UAU Collectiv ArchitectenminorStrategic or Co-development PartnerUAU Collectiv Architecten collaborated with Jaspers-Eyers on Project M in Beringen (2022-2023, 9,200 m²), comprising three buildings: Maison (54 units), Mayor (28 units), and Markant (12 units).
• A154 ArchitectenminorStrategic or Co-development PartnerA154 Architecten designed Volckaert in Merelbeke (27 flats) and Gavreau in Gavere (22 flats).
• EL Architects / Caan ArchitectenminorStrategic or Co-development PartnerEL Architects and Caan Architecten designed Waterfront in Sint-Amandsberg, Ghent (2010-2015, 15,500 m², 118 flats) along the Scheldt river.
• Berkein ArchitectsminorStrategic or Co-development PartnerBerkein Architects designed Spriet in Merelbeke (2,000 m², 19 flats and 1 single-family house).

Scale indicators2 records

Recent moves12 records

Expansion highlights5 records

Direct peers

• Triple Living: Belgian residential developer focused on urban, design-led apartment projects in Ghent, Antwerp, and Brussels. Closely matches Immogra's residential portfolio and architectural positioning.
• BESIX RED: Belgian real estate developer specialising in mixed-use, residential, and office developments, often partnering with high-profile architects. Overlaps with Immogra's office and residential pipeline and design-led positioning.
• Matexi: Belgium's largest residential developer, active across Flanders and Wallonia with a broad project portfolio and similar A-to-Z development model. Directly comparable to Immogra's residential focus and Belgian geographic base.
• Xior Student Housing: Belgium's largest publicly listed student housing operator and developer, with a portfolio across Belgium, the Netherlands, Spain, and Portugal. Directly comparable to Immogra's Student Campus Sint-Maarten, Groene Wandeling, and Stroppark projects.

Broad incumbents

• AG Real Estate: Belgian real estate developer and investor with a diversified portfolio spanning offices, retail, and residential, often on a much larger institutional scale than Immogra. Comparable Belgian developer operating in overlapping asset classes.
• Immobel: Listed Belgian real estate developer with offices, residential, and mixed-use projects across Belgium, Luxembourg, France, Germany, and Poland. Overlaps with Immogra's Belgian operations and its earlier Polish exposure.
• Intervest Offices & Warehouses: Belgian REIT focused on multimodal logistics and office real estate, active in Belgium. Overlaps with Immogra's office development activity in the Belgian market.
• Cofinimmo: Belgian REIT with healthcare, office, and mixed-use real estate across Belgium, France, Germany, and Spain. Larger, listed incumbent that competes in the same Belgian office and development segments as Immogra.

Emerging players

• Revive: Belgian residential developer with a smaller, design-focused portfolio concentrated in Brussels and Ghent. Overlaps with Immogra's residential segment on a smaller scale.

Regional players

• Yareal: Polish real estate developer active in Warsaw, with office, residential, and mixed-use projects. Comparable to Immogra's only international project, BW Office Centre in Warsaw (2000-2002).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/immogra
• LinkedInlinkedin.com/company/immogra

Compliance1 record

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 Immogra