LUXEMBOURG, July 1st 2022. Luxembourgish real estate group ICN announces to partner with the brand-new company, founded by Jan Coenegrachts, Seald for the development of the current projects in Belgium and in the Netherlands. Consequently, Nik Coenegrachts will become sole CEO of ICN.


This operational transformation is a new impetus aimed to give ICN the means to achieve its international growth ambition while respecting the company’s vision and values.

The history of ICN is part of its DNA and we are very proud of its rapid growth and the teams that make it up. Today, the economic environment is quite positive for our industry despite the cyclical challenges. This is a good moment to evolve and bring the company to the next level” comments Nik Coenegrachts.


Headquartered in Luxembourg, ICN has over thirty real estate and capital markets professionals of ten nationalities. ICN’s management committee will be steered by Nik Coenegrachts, as Chief Executive Officer and Chris Lee, Head of Luxembourg projects.


In the future, ICN and Seald will collaborate to pool their outstanding development expertise and experience in the real estate business for the development of the current Belgian and Dutch projects.


The ICN synergy RE fund (Reserved Alternative Investment Fund), founded and owned by the Coenegrachts’ brothers, will continue to focus on investing in high-end real estate projects in western Europe cities. Jan and Nik Coenegrachts both remain partners of ICN Synergy RE for all ongoing projects.


The investment platform will maintain its unique structure offers due to unparalleled opportunities for those seeking to invest in qualitative, impactful, and urban living and working programme.

Visit Seald’s website to know more.