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 2017 the Group is committed to develop its portfolio to create value.
Strategy
The Group reports net income of 5.3 MEUR for the first six months of 2017.
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For 2016, the Board of Directors proposed the payment of a dividend of 2 EUR per share in circulation.
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IMMOBEL has completed the book building of a private placement of bonds due 2022, and in one day raised 100 MEUR, the top of the target range, at a coupon of 3%.
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IMMOBEL confirms its financial strategy and its commitment to pursue the development of its real estate portfolio in Belgium as well as abroad.
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