Belgian Real Estate Management and Development Potentially Undervalued Companies

Atenor

Market Cap: €176.7m

Operates as a real estate development company in Belgium, Luxembourg, the Netherlands, France, Germany, Portugal, Poland, Hungary, Britain, and Romania.

VGP

Market Cap: €2.2b

Develops, owns, and manages logistics and semi-industrial real estate, and ancillary offices.

Immobel

Market Cap: €190.2m

Engages in the real estate development business in Belgium, France, Luxembourg, Germany, Poland, Spain, and the United Kingdom.

Inclusio

Market Cap: €109.8m

Operates as a real estate company in Belgium.

Softimat

Market Cap: €4.2m

Engages in the real estate activities in Belgium.