Banimmo SA (BANI)

Profile

https://www.banimmo.be

Banimmo SA is a real estate development company specializing in the acquisition, redevelopment, and management of undervalued or obsolete properties primarily in Belgium, with operations extending to France and Luxembourg. Incorporated in 2002 and headquartered in Brussels, the company focuses on technical and commercial renovations of low-value buildings, transforming them into modern office buildings, residential accommodations, warehouses, retail spaces, workshops, leisure facilities, and more. Its portfolio, valued at EUR 151.6 million at the end of 2024, spans 290,000 square meters and emphasizes creating flexible, sustainable spaces that balance nature, people, and technology. Banimmo SA holds, leases, and sells these revitalized assets, contributing to urban renewal in key European markets. Operating as a subsidiary of Patronale Life NV, it maintains a lean team of three employees led by CEO Laurent Calonne, alongside key executives in operations and sustainability. Listed on Euronext Brussels since 2007, Banimmo SA plays a niche role in the real estate sector by unlocking value from underutilized properties through innovative redevelopment strategies.