Ghelamco is a family business founded in 1985, of which the Gheysens family still owns 100% of the shares.
Ghelamco’s business activities are structured in four major holdings under common control of the ultimate beneficial owners:
- Ghelamco Group Comm. VA acts as the “Investment Holding” and comprises resources invested in real estate projects in Belgium, France, UK and Poland and the intra-group Financing Vehicles, which may also to a certain extent provide funding to the other holdings;
- International Real Estate Services Comm. VA acts as the “Development Holding” and represents international entities that provide construction, engineering and development services to the Investment Holding (and to an extent to third parties);
- Deus Comm. VA is the “Portfolio Holding” which groups the other activities and real estate investments controlled by the ultimate shareholders
- Ghelamco European Property Fund NV (“GEPF”) comprises since 2016 the real estate projects that are kept as income generating products for a longer period of time. The fund is not regulated but acts as a separate legal entity within the group.