Syndic for project developers: your partner from the start of your project
Delivering a new-build project is a major achievement, and your responsibility doesn’t end at the notarial deed. As soon as the first units are sold, an association of co-owners is formed, which needs to be professionally managed. By choosing the right syndic from the start, you take work off your own plate and give buyers immediate confidence. With more than 40 years of experience as a leading syndic in Flanders and Brussels, Syncura supports project developers from setting up the co-ownership through the first general meeting and beyond. The result: a smooth handover, satisfied buyers and a co-ownership that runs smoothly from day one.
Why you choose a syndic from the very start of your project
With new-build projects, the syndic is usually appointed by the developer themselves, through a provision in the bylaws or internal regulations. This isn’t just a formality: setting up a co-ownership involves a range of administrative, financial and technical obligations, right at the moment you’re focused on completing and selling your project.
By putting that management in the hands of an experienced syndic right away, you don’t have to worry about the hassle of getting things up and running. What’s more, professional management reflects well on your project: buyers who see that their future building is in good hands decide faster, and with more confidence.
How Syncura takes the hassle off developers' hands
We take full care of setting up the co-ownership, so you can focus on your core business.
Appointment through the bylaws or internal regulations
Syncura can be appointed as syndic in your project’s bylaws or internal regulations. This means management is arranged from the moment the first owners acquire their unit, with no gaps or improvisation.
Organising the first statutory general meeting
We organise the first statutory general meeting, the official starting point of the co-ownership. We guide this process correctly and professionally, including applying the developer’s reduced voting rights while you still own part of the unsold units.
Setting up administrative, financial and technical management
From the first budget and collecting contributions to the legally required inspections of lifts, heating and electrical installations, Syncura sets up the entire management correctly from day one. We also provide new co-owners with the guidance and advice they need as their co-ownership gets underway.
Advice during the design and construction phase
The earlier a syndic gets involved, the smoother the later management runs. Syncura is glad to advise during the design and construction phase on decisions that shape the long-term management of your project.
Think of the co-ownership structure, such as setting up sub-associations for large multi-building or multi-phase projects, a workable allocation of shared costs, and forward-looking technical decisions around energy performance, the EPC for shared areas, and preparing for electric vehicle charging infrastructure. This way, you deliver a project that not only works today, but is ready for the future.
A smooth handover to the co-owners
As a developer, you want the transition from construction project to lived-in co-ownership to go smoothly. Syncura ensures that continuity: we act as the central point of contact for buyers, structure communication, and follow up on notifications through our digital portal and internal helpdesk, available 24 hours a day.
It’s worth noting: although you appoint us as the developer, we act entirely independently and neutrally towards the association of co-owners. Our neutral role helps us avoid conflicts of interest and always act in the community’s best interest. It’s precisely that independence that lets the co-ownership confidently confirm us at the first general meeting.
Why project developers choose Syncura
With more than 40 years of experience, Syncura is the leading syndic in Flanders and Brussels and a trusted partner for project developers setting up new-build projects. Only qualified staff manage your project with us: property managers, accountants and lawyers, each a specialist in their field and, as professionals registered with the BIV, continuously trained. Thanks to our scale, group purchasing and framework agreements, we also secure competitive terms with suppliers, a benefit that goes straight to your buyers. Whether it’s a small-scale residence or a large site with sub-associations, Syncura ensures a professional start and management that does justice to your project.
Ready to get your next project off to a smooth start?
Developing a new-build project and looking for an experienced syndic to professionally handle the co-ownership’s start-up? Thanks to Syncura’s in-depth expertise and more than 40 years of experience in co-ownership, you can count on a smooth start, satisfied buyers and worry-free management.
Frequently asked questions about working with Syncura as a developer
Who appoints the syndic for a new-build project?
With new-build projects, the developer or building promoter usually appoints the syndic themselves, through a provision in the bylaws or internal regulations. This ensures the co-ownership’s management is arranged as soon as the first units are sold.
What is the first statutory general meeting (ESAV)?
The ESAV is the first official general meeting of the association of co-owners, the formal starting point of the co-ownership. The syndic organises and guides this meeting and provides co-owners with support as their co-ownership gets underway.
What should I look out for as a developer when choosing a syndic?
Choose a syndic with proven experience in setting up new-build projects: appointment through the bylaws, organising the ESAV and correctly setting up management. Also look at references from comparable projects, the scale for group purchasing (which benefits your buyers), and the syndic’s independence, so co-owners can confidently confirm them at the first general meeting.
What does the choice of syndic mean for my buyers' costs?
A professional syndic ensures a realistic budget, a transparent cost structure and a healthy reserve fund from the very start. Thanks to group purchasing and framework agreements, Syncura also secures competitive supplier terms. For your buyers, this means predictable, accurate shared costs, a concrete selling point for your project.
How long does the developer-appointed syndic's mandate last?
The mandate of the developer-appointed syndic runs until the co-ownership’s first general meeting. At that meeting, the co-ownership can reappoint the syndic. Thanks to our independent, professional approach, co-owners often choose to continue with Syncura.
Can Syncura advise during the design or construction phase?
Yes. The earlier we’re involved, the smoother the later management runs. We help think through the co-ownership structure, cost allocation, sub-associations for large projects and forward-looking technical decisions such as energy performance and charging infrastructure.
What about large projects with multiple buildings or phases?
For large-scale projects, Syncura can set up a structure with sub-associations, each with its own autonomous decision-making authority, while the overarching management of the whole project stays in place.
Does Syncura stay independent, even though the developer appoints us?
Yes. Although you appoint us as the developer, we act entirely neutrally and independently towards the association of co-owners. This helps us avoid conflicts of interest and always act in the community’s best interest.
Frequently asked questions about working with Syncura as a developer
Who appoints the syndic for a new-build project?
With new-build projects, the developer or building promoter usually appoints the syndic themselves, through a provision in the bylaws or internal regulations. This ensures the co-ownership’s management is arranged as soon as the first units are sold.
What is the first statutory general meeting (ESAV)?
The ESAV is the first official general meeting of the association of co-owners, the formal starting point of the co-ownership. The syndic organises and guides this meeting and provides co-owners with support as their co-ownership gets underway.
What should I look out for as a developer when choosing a syndic?
Choose a syndic with proven experience in setting up new-build projects: appointment through the bylaws, organising the ESAV and correctly setting up management. Also look at references from comparable projects, the scale for group purchasing (which benefits your buyers), and the syndic’s independence, so co-owners can confidently confirm them at the first general meeting.
What does the choice of syndic mean for my buyers' costs?
A professional syndic ensures a realistic budget, a transparent cost structure and a healthy reserve fund from the very start. Thanks to group purchasing and framework agreements, Syncura also secures competitive supplier terms. For your buyers, this means predictable, accurate shared costs, a concrete selling point for your project.
How long does the developer-appointed syndic's mandate last?
The mandate of the developer-appointed syndic runs until the co-ownership’s first general meeting. At that meeting, the co-ownership can reappoint the syndic. Thanks to our independent, professional approach, co-owners often choose to continue with Syncura.
Can Syncura advise during the design or construction phase?
Yes. The earlier we’re involved, the smoother the later management runs. We help think through the co-ownership structure, cost allocation, sub-associations for large projects and forward-looking technical decisions such as energy performance and charging infrastructure.
What about large projects with multiple buildings or phases?
For large-scale projects, Syncura can set up a structure with sub-associations, each with its own autonomous decision-making authority, while the overarching management of the whole project stays in place.
Does Syncura stay independent, even though the developer appoints us?
Yes. Although you appoint us as the developer, we act entirely neutrally and independently towards the association of co-owners. This helps us avoid conflicts of interest and always act in the community’s best interest.