Omnes Capital and ION sign a partnership for a new €35 million development fund to build environment-friendly developments in Belgium and Luxembourg
16/01/2024
French private equity firm Omnes Capital and Belgian property developer ION have signed a cooperation agreement to establish a development fund with a capital of €35 million. The available capital will be used for new environment-friendly developments in Belgium and Luxembourg in the coming years. All the developments will be ‘dark green’ investments, meaning they will comply with the requirements of the Omnes Capital fund, classified as Article 9 under the Sustainable Finance Disclosure Regulation (SFDR).
We zijn verheugd over deze eerste samenwerking buiten Frankrijk met ION. De projectontwikkelaar heeft blijk gegeven van expertise om projecten te ontwikkelen met uitzonderlijke milieuprestaties, zowel op energetisch vlak als wat de koolstofvoetafduk betreft.
ESG-driven
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.
Na PDF1 en PDF2 is dit het derde ontwikkelingsfonds waarmee we vol enthousiasme aan de slag gaan. We zijn enorm erkentelijk voor het partnership dat Omnes Capital met ons aangaat. Dit geeft ons extra slagkracht om kwaliteitsvol, duurzaam residentieel en commercieel vastgoed van hoog niveau verder te blijven ontwikkelen in België en Luxemburg. Het is ook andermaal een bevestiging dat onze aanpak en visie werken en dat dit niet onopgemerkt blijft bij Europese investeerders.
Ready to take full advantage of opportunities
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
About ION
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
