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
IMMOBEL announces the acquisition of Michaël Ostlund Property SA, owner of the Belliard 5-7 building situated at the intersection of rue Belliard and rue du Commerce in the heart of the European quarter.
IMMOBEL intends to redevelop the site to create a new iconic, sustainable office building.
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The iconic Cedet building, located in central Warsaw, has been sold to a fund managed by GLL Real Estate Partners on behalf of Korean investors for EUR 129.5 million.
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To take up this challenge, IMMOBEL France Tertiaire, a lightweight structure made up of a few professionals with an in-depth knowledge of the French market, will develop the office, hotel, multi-product and commercial property business, investing the Group’s own funds and undertaking management activities on behalf of third parties.
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Alexander Hodac, CEO of IMMOBEL, surrounded by his team, celebrates the success of the 100 MEUR issuance of retail bonds at the opening of the Brussels Stock Exchange on October 25th, 2018.
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