Ghelamco
LeaveRussia detail: Withdrawal
Ghelamco is a Belgian real estate developer founded in 1985. Based in Ypres, the company currently carries out investments in Belgium, Poland, the United Kingdom, France and Cyprus. Ghelamco is one of the largest developers of office properties in Central and Eastern Europe.
Decision trail
Decision date 21/04/2025 · Reference ↗
Belgian developer Ghelamco has agreed to sell its only asset in Russia — a 243,000 sq. m warehouse complex located in Dmitrov, Moscow region. The company has also received all the necessary approvals from the government commission. The exact buyer of the warehouse remains unknown. However, a source close to Ghelamco stated that “all signs point to the investment company Central Properties.” Two consultants and a top executive from a company that considered acquiring the logistics park confirmed that Central Properties was the main contender for the asset.
Status history since 2022
- 03/08/2026 — exited · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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