AG Real Estate

AG Real Estate
Company typePrivate Company
IndustryReal estate
Founded1824; 201 years ago (1824) (as Fortis Real Estate and part of Fortis AG)
since 2002 (2002) (as Fortis Real Estate)
since 2010 (2010) (as AG Real Estate)
HeadquartersBrussels, Belgium
Area served
Europe
United States
Key people
Serge Fautré (CEO)
ProductsReal estate development
Asset management
Property management
Real estate financing
Public-private partnerships (PPP)
Public car park management
RevenueIncrease € 526,4 million
Total assetsIncrease € 6 billion (2012, incl. AGI)
Total equityIncrease € 1.5 billion (2012)
Number of employees
2,600 (2016)
WebsiteAG Real Estate

AG Real Estate (former Fortis Real Estate) is a wholly owned subsidiary of AG Insurance (Ageas) and the largest real estate group in Belgium, headquartered in Brussels. AG Real Estate has a portfolio under management of over €6 billion that incorporates office buildings, shopping malls, logistics properties, residential properties and shares in real estate investment funds, both listed and unlisted.[1]

Its core activities include real estate development, asset management, property management, real estate financing and public car park management. AG Real Estate is a parent company of Interparking, one of Europe's best known premier car parking facility operators. AG Real Estate is one of the principal shareholders of the Sicafis (fixed capital real estate investment trusts) Befimmo, a former BEL20-company, and Ascencio. The multinational has approximately 2,600 employees in over ten countries.

  1. ^ "AG Real Estate, un portefeuillle toujours plus diversifié". Le Soir. Retrieved 2013-10-19.

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