Besix RED

Besix RED operates as a pan-European real estate developer and is a subsidiary of the multidisciplinary BESIX Group, a company with a history spanning over a century in construction, property development, and concessions. The firm has established a presence across more than 20 countries on four continents through its parent group. For 38 years, Besix RED has focused on creating large-scale projects throughout Europe, emphasizing a people-centered approach to enhance cities and promote wellbeing. The company aims to deliver harmonious living and working experiences that respect both user needs and the environment. Besix RED is currently developing 35 projects across 23 cities in Belgium, Luxembourg, the Netherlands, France, Portugal, and Spain, encompassing a total area of 955,335 square meters.

The company's foundational belief is that real estate possesses the capacity and responsibility to foster connections, bring people together, and contribute to distinctive life experiences. This conviction drives Besix RED to develop ambitious and innovative real estate projects designed to improve the lives of individuals, communities, and the wider world in a sustainable manner. The firm maintains that a project achieves complete success only when executed with unwavering dedication, transparency, and honesty. Besix RED challenges itself to seek intelligent, unconventional solutions to remain at the forefront of the industry. The company is committed to minimizing its ecological footprint and advancing energy transition, demonstrating transparency, accountability, fairness, and responsible decision-making to all stakeholders.

Besix RED's portfolio encompasses a range of real estate segments, including residential, office, retail, and mixed-use properties. The firm's developments incorporate architectural excellence, technical mastery, and adherence to principles that aim to provide living experiences where individuals can thrive in harmony with others and their surroundings. For its commercial and office projects, the company integrates flexibility, sustainability, functionality, and accessibility to offer stimulating and pleasant working environments. Besix RED collaborates with established architectural firms, employs innovative sustainable technologies, and utilizes cutting-edge concepts in modular surfaces to deliver integrated, user-friendly, and enriching experiences across its diverse projects. The ultimate objective of these projects is to enhance the lives of people and their neighborhoods.

In addition to its broader real estate activities, Besix RED has a dedicated focus on Purpose-Built Student Accommodation (PBSA). The company develops innovative student living environments that prioritize comfort, community, and the overall wellbeing of residents. Thoughtful design and high-quality living are central to every student accommodation project undertaken by the firm. Besix RED has expanded its presence in this sector through strategic partnerships, notably an agreement with Promiris to develop approximately 2,000 PBSA units across the Iberian Peninsula, specifically in Spain and Portugal. This initiative represents a key part of the company's geographical and product diversification strategy, addressing the imbalance between supply and demand in the student housing market. The collaboration leverages Promiris's experience in student housing and Besix RED's expertise in design, development, technical and financial structuring, and understanding of ESG performance.