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
The Cedet building which was developed by IMMOBEL Poland qualified for the finalists of the prestigious MIPIM Awards 2019 in the category ‘Best Refurbished Building’. Cedet’s redevelopment and extension design is the work of a consortium of architectural studios: AMC Andrzej Chołdzyński - RKW Rhode Kellermann Wawrowsky. The construction was completed in May 2018.
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The IMMOBEL Group today announces the acquisition of 89,9 % of the shares in the company Europe-Allee Wohnen gsp GmbH, owner of the prestigious EDEN project planned for the centre of Frankfurt. This acquisition in the German market, which is the largest European economy, is in line with the announcement on the intensification of the Group's international diversification.
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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.
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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