IMMOBEL is the largest Belgian property developer quoted on the stock exchange. The Group develops and sells innovative and inspired projects, responding to the needs of cities and their inhabitants.
Presentation
IMMOBEL pursues a dynamic and measured strategy in the acquisition and management of projects. In 2018 the Group is committed to develop its portfolio to create value.
Strategy
Sale of INFINITY landmark project to REAL I.S. expected to further drive H2 results
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IMMOBEL’s public issue aimed mainly at retail investors successfully closed and was oversubscribed almost six times
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IMMOBEL has confirmed its desire for diversification by creating IMMOBEL Germany and naming Michael Henn as CEO of this subsidiary. A leader on the Belgian property market and quoted on the Brussels stock exchange, IMMOBEL is present in six European countries. Its portfolio of projects under development amounts to almost 1,000,000 m² with an estimated future sales value of 4.4 billion Euros.
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IMMOBEL hereby announces that on 4 October 2019 it will launch an issue of 7 ½ - year notes (the “7 ½ - year tranche”) for an aggregate minimum amount of 50,000,000 EUR and an aggregate maximum amount of 75,000,000 EUR.
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