In recent months, Omnes actively scoured the Belgian market for suitable partners, selecting ION because of its ESG-driven approach, its continuous quest for innovation, and its (financial) robustness. ION has been integrating sustainable technology, including heat networks, into its developments for over ten years. It is also one of the first property developers in Belgium to instruct every contractor to use batteries as a power source on construction sites instead of polluting diesel generators.
Omnes and ION expect to launch their first development in 2024, with preparations already in full swing. The joint venture is convinced that the Belgian and Luxembourg markets offer tremendous potential and opportunities, especially in the current real estate market.
About Omnes Capital
Omnes is a leading private equity firm dedicated to energy transition and innovation. With over €5.7 billion in assets under management, our teams support long-term partnerships with entrepreneurs through our four core businesses: renewable energy, sustainable cities, deeptech and co-investment. For over 20 years, Omnes has been applying its expertise to help businesses grow in more than 15 countries, with a particular focus on sustainable development. As part of its approach as a responsible investor, the company has created the Omnes Foundation to support non-profit organisations working for children and young people in the fields of education, health, social and economic integration.
omnescapital.com - LinkedIn
ION was founded in 2011 by CEOs Davy Demuynck and Kristof Vanfleteren, along with chairman Paul Thiers. Since its inception, the property developer and real estate investor has already developed more than 235,000 m², completing 148 developments across Belgium, the Netherlands and Luxembourg. The ongoing projects represent a market value of €3,351 million. ION’s roots and headquarters are in Waregem (Belgium), but the property developer now also has offices in Brussels and Antwerp.
ION builds multi-purpose residential, office, retail and urban developments with high added value, with the ambition of shaping the cities of tomorrow. As one of the largest independent property developers in Belgium, ION specialises in complex mixed projects, including speculative developments, public-private partnerships, and custom projects, in addition to coordinating real estate projects as a project manager. ION attaches great importance to climate-friendly, sustainable solutions, striving to take the lead in this field in the Belgian real estate market.
ion.be - LinkedIn