Ascencio SA

Ascencio SA is a Belgian Regulated Real Estate Company (SIR or Belgian REIT) specializing in commercial property investments, particularly supermarkets and retail parks located on the outskirts of towns and cities. These properties offer advantages such as carefree central parking, easy accessibility, flexible sales areas, and attractive rental terms, enhancing customer experience through shop mixes and sustainability focus. Operating across Belgium, France, and Spain under legal forms SIR, SIIC, and SOCIMI respectively, Ascencio SA manages a diversified portfolio of over 100 real estate assets totaling around 450,000 square meters, with a fair value of approximately 750 million euros and annual rental income nearing 55 million euros. A multidisciplinary team of about 21 employees handles asset management, tenant relations, and ESG initiatives responsibly. Key figures include a market capitalization of around 310 million euros as of late 2024, underscoring its role in the retail real estate sector by providing stable income-generating properties amid evolving consumer trends. Led by CEO Vincent Querton, the company emphasizes positive market engagement and long-term value creation in peripheral urban retail environments.