Retail Estates is a Belgian real estate company that invests mainly in retail properties located on the periphery of residential areas or along access roads to urban centres in Belgium and the Netherlands. The company has a portfolio with a value of over 2 billion euro. 

The most important long-term objective for Retail Estates is to assemble, manage and expand a portfolio of out-of-town retail real estate which ensures steady, long-term growth due to its location and the quality and diversification of its tenants. The projected growth results both from the value of the portfolio and the income generated from leasing. 

In the short term, this goal is pursued by continuously monitoring the occupancy rate of the portfolio, the rent collection as well as the maintenance and management costs.

Most of the Group’s tenants are well-known retail chains. As of 31 March 2024, Retail Estates has 1,020 premises in its portfolio with a total retail area of 1,228,577 m². The occupancy rate of these buildings measured in rented square metres is about 98%.

The board of directors is composed of representatives of a group of institutional investors, independent directors and the management, each of them has built up specific knowledge in the retail sector and/or real estate business. Consequently, all decisions about investments are made expertly and with a view to shareholders’ value. 

Retail Estates is a regulated real estate company (BE-REIT) and is listed on Euronext Brussels and Amsterdam.

Retail Estates

Nicolas Beaussillon

This department provides legal advice, manages contracts, and ensures regulatory compliance for the organization.

Legal Department

This department oversees the administration, operation, and maintenance of properties.

Property Management

This department manages financial planning, reporting, and accounting functions.

Finance Department

This department focuses on identifying growth opportunities, building strategic partnerships, and expanding the company's market presence.

Business Development

This department oversees the management and coordination of technical and facility operations to ensure efficient workflows.

Operations Management

This department oversees investment strategies and management of assets to optimize returns.

Retail Estates

Org chart

Teams

Legal Department

Property Management

Finance Department

Business Development

Operations Management

Asset Management

Offices

Retail Estates

Org chart

Teams

Legal Department

Property Management

Finance Department

Business Development

Operations Management

Asset Management

Offices

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