What Koramic Real Estate does

Koramic Real Estate is a Belgian real estate investment and development firm that operates as the independent real estate division of the Koramic Groep, a diversified group whose origins date to 1883 as a roof-tile manufacturer (originally Dakpannenfabriek Pottelberg). Headquartered in Kortrijk, Belgium, the company runs two structurally distinct business lines: an Invest arm that builds and holds a directly-managed portfolio of more than 50 commercial and industrial properties — primarily in Belgium, with additional assets in Germany and Poland — for long-term rental to corporate tenants, including tailor-made sale-and-leaseback solutions; and a Development arm that delivers residential and mixed-use projects (apartments, townhouses, villas) across Belgium, Poland, Germany, and Romania, with several projects in Brussels, Antwerp, Kortrijk, and Ostend.

The company is supported by an in-house multidisciplinary team of approximately 70 professionals covering technical, architectural, commercial, financial, and legal disciplines, and operates in four countries through local offices — OKRE Development in Warsaw, ToKa Immobilien GmbH in Kandern, and Koramic Real Estate RO in Bucharest — under a direct-to-customer, no-reseller distribution model. The Invest business generates recurring rental income from the held portfolio, while the Development business monetizes through one-time unit sales of residential properties to end-buyers and investors; pricing is project-specific and not publicly disclosed, with example starting prices of €370,000 at the De Prinse project. The product portfolio spans standard family housing (De Prinse, Zwanegoed) up to signature, architect-led projects including the 66.49-meter K-Tower (nominated for ArchDaily's Building of the Year), the heritage-conversion Droogloodsen (Flemish Monument Prize 2011 finalist), and the industrial-heritage Chocolaterie Antoine redevelopment in Brussels. No proprietary technology platform, AI/ML capability, or digital product layer is disclosed; the competitive proposition is built on capital backing, in-house expertise, heritage restoration credentials, and design-led development.

Go-to-market is direct and localized: the company sells and leases through its own offices, project-specific microsites (e.g., deprinse.be, meerlenhof.be), scheduled open-house viewings ('kijkdagen'), and an active social presence on LinkedIn, Facebook, and Instagram. As a privately held entity within the Koramic Groep, Koramic Real Estate does not disclose revenue or financial performance, and the operating model — combining a stable but undisclosed rental portfolio with lumpy, project-driven development sales — produces a bimodal revenue profile whose mix cannot be precisely quantified from public information.

Name

Koramic Real Estate

Legal name

Koramic Real Estate NV

Website

https://koramicrealestate.be

Company type

Private

Founded year

1883

Operating status

Operating

Headcount range

11–50 employees

Short description

Koramic Real Estate is a Belgian real estate investment and development firm within the Koramic Groep, operating two arms: an Invest division holding 50+ commercial/industrial buildings for long-term rental in Belgium, Germany, and Poland, and a Development division building residential and mixed-use projects across Belgium, Poland, Germany, and Romania, serving both B2B corporate tenants and B2C residential buyers.

Ownership category

akta.pro rank

Product category

Real Estate Investment and Development

NAICS

Lessors of Other Real Estate Property (53119), Lessors of Real Estate (5311), Rental and Leasing Services (532)

SIC

Investors, Nec (6799), Operators Of Nonresidential Buildings (6512), Real Estate (6500)

akta.pro primary industry

Real Estate Development Asset Management (Project/Construction-to-Stabilization) (BPAJAMAL)

akta.pro secondary industries

Residential Real Estate Asset Management (BPAJAMAA), Property Management Advisory & Leasing Administration (FSAEAJAN)

Keywords

• Real estate investment
• Property development
• Commercial property leasing
• Residential development
• Sale and leaseback

Headquarters

HQ city

Kortrijk

HQ country

Belgium

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Commercial property rental: Long-term rental of industrial and commercial real estate (office buildings and warehouses) in Belgium, Germany, and Poland. Koramic Real Estate builds and maintains a portfolio of over 50 buildings managed directly.
2. Residential property development & sales: Development and sale of residential real estate (apartments, town houses, villas) in Belgium, Poland, Germany, and Romania. Properties sold to end-buyers and investors.
3. Sale & leaseback solutions: Tailor-made sale & leaseback arrangements for B2B clients who are not active in the real estate sector. Koramic acquires or builds custom facilities for clients who then lease them back long-term.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Koramic Real Estate invests in and develops real estate across Belgium, Poland, Germany, and Romania through two divisions. The Invest division owns and manages a portfolio of over 50 industrial and commercial buildings (offices, warehouses) for long-term rental and provides tailored sale & leaseback solutions for corporate clients. The Development division delivers residential projects (apartments, town houses, villas), often featuring heritage building restoration or architecturally distinctive new builds.

Product overview

Koramic Real Estate is a Belgian real estate investment and development company operating as part of the Koramic Group (founded 1883). The company operates two core divisions: Invest (commercial and industrial property investment with over 50 buildings in Belgium, Germany, and Poland) and Development (residential and commercial projects across Belgium, Poland, Germany, and Romania). Key residential products include Meerlenhof (luxury apartments/townhouses in Kortrijk), Square One (full-floor luxury apartments), Chocolaterie Antoine (industrial heritage conversion in Brussels), Van Eyck Park (Antwerp), De Prinse (homes in Marke), and Zwanegoed (sustainable homes in Marke). The portfolio also includes investment properties such as K-Tower (award-nominated residential tower), office buildings in Brussels, Warsaw, Diegem, Antwerp, and various commercial/industrial sites. The company employs approximately 70 professionals across its four-country footprint.

Differentiator

Problem solved

Functional benefit

Products and services

• Commercial Property Investment (Invest) Long-term acquisition, ownership, and rental of industrial and commercial real estate (office buildings and warehouses) for corporate tenants. The division manages a portfolio of over 50 buildings primarily in Belgium, with additional assets in Germany and Poland, and provides long-term rental solutions directly to corporate clients.
• Sale & Leaseback Solutions Tailor-made sale & leaseback arrangements for corporate clients outside the real estate sector: Koramic Real Estate acquires or constructs bespoke facilities and leases them back to the client on a long-term basis, freeing capital tied up in real estate.
• Residential Property Development (Development) Development and sale of residential real estate projects — apartments, town houses, and villas — for individual buyers, families, and investors in Belgium, Poland, Germany, and Romania, with a focus on quality, aesthetics, sustainability, and prime urban locations.
• De Prinse Residential Project Residential development in Marke (Kortrijk) offering terraced, semi-detached, and detached family homes ranging from 130 m² to 208 m², with 3 bedrooms, open layouts, south-facing plots, and sustainable construction. Targeted at families and individual buyers.
• Square One Residential Project Luxury full-floor apartments in a former office building on Graanmarkt in Kortrijk featuring brutalist architecture, 160 m² residences with 3 bedrooms, 185 m² duplex penthouses with private elevators, terraces, and underground parking. Targeted at premium residential buyers and investors.
• Chocolaterie Antoine Residential Project Redevelopment of a former chocolate factory in Ixelles, Brussels, delivering 59 apartments and lofts across six buildings combining industrial heritage with contemporary architecture, designed by A2RC Architects. Targeted at premium urban buyers.
• K-Tower Residential Project 66.49-meter residential tower in Kortrijk with 65 apartments, designed by Philippe Samyn and Partners, featuring a distinctive white reflective and mirror facade. Nominated for ArchDaily's 2024 Building of the Year. Targeted at premium residential buyers.
• Meerlenhof Residential Project Luxury residential project on Buda Island in Kortrijk featuring 5 townhouses, 6 park apartments, and 13 riverside apartments around a historic enclosed garden, completed in 2024. Targeted at premium residential buyers and investors. Status: Sold out.

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

Three partnerships are on record, tiered core.

• OKRE DevelopmentcoreChannel Partner/ Reseller/ DistributorOKRE Development (ul. Wspólna 35, Warsaw, Poland) acts as the local office and operational partner for Koramic Real Estate in Poland, handling real estate development and sales activities in the Polish market.
• ToKa Immobilien GmbHcoreChannel Partner/ Reseller/ DistributorToKa Immobilien GmbH (Ziegelstraße 12, 79400 Kandern, Germany) operates as the local partner office for Koramic Real Estate in the German market, managing property development and sales operations.
• Koramic Real Estate ROcoreChannel Partner/ Reseller/ DistributorKoramic Real Estate RO (1A Ion Ionescu de la Brad Bvd, sector 1, Bucharest, Romania) operates as the Romanian subsidiary office handling local real estate development and sales activities.

Scale indicators3 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• VGP: European developer and long-term owner of logistics and semi-industrial real estate with pan-European operations including Belgium, Germany, Poland, and Romania. Directly comparable to Koramic's Invest division in industrial/office portfolio and geographic footprint.
• Matexi: Belgian residential and mixed-use developer operating across Belgium with a strong local office network and project pipeline. Closely comparable to Koramic's Development division in residential focus and Belgian regional execution.
• WDP: Belgian-listed European logistics and semi-industrial real estate investor with significant portfolios in Belgium, the Netherlands, Germany, and Romania. Overlaps with Koramic's industrial/commercial rental business and multi-country Central European presence.
• AG Real Estate: Belgian real estate investor and developer active across residential, office, and logistics, with both investment and development arms. Closely mirrors Koramic's dual Invest/Development model and Belgian-centric institutional positioning.
• Immobel: Listed Belgian real estate developer with a pan-European footprint (Belgium, France, Luxembourg, Poland) developing mixed-use, residential, and office projects. Directly comparable to Koramic's Development division in product mix, geography, and project scale.
• BESIX RED: Belgian real estate development arm of BESIX Group, active in residential, offices, and mixed-use projects in Belgium and neighboring countries. Comparable to Koramic on integrated development, mixed asset classes, and Benelux focus.
• Nextensa: Belgian mixed real estate developer-investor combining office, retail, and residential development with a long-term investment portfolio. Comparable to Koramic on dual investor/developer positioning and Belgian-centric mixed-asset exposure.

Broad incumbents

• Cofinimmo: Large Belgian listed REIT investing in healthcare, offices, and distribution property across Europe. A broader incumbent compared to Koramic, with an institutional scale that overlaps on the office/industrial rental side but extends well beyond Koramic's mid-market focus.

Emerging players

• Xior Student Housing: Belgian-listed residential investor specializing in student housing across Belgium, the Netherlands, Spain, and Portugal. A narrower residential peer to Koramic's development operations, sharing the Belgian base but focused on a specific sub-segment.
• Revive: Belgian real estate developer focused on the redevelopment of brownfield and heritage sites, similar to Koramic's Droogloodsen and Chocolaterie Antoine projects. Comparable on adaptive-reuse expertise and on Belgian urban regeneration themes.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/koramic-real-estate-nv
• Instagraminstagram.com/koramicrealestate
• Facebookfacebook.com/Koramicrealestate
• Xx.com/koramicre

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

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 Koramic Real Estate