Nafilyan fully acquired by Immobel

Immobel brings forward the acquisition of Parisian property group Nafilyan, which it now fully owns. Expansion in France can now intensify.

Immobel reinforces the international scope of its activities and management

As from 1^st July, Marnix Galle, the current Executive Chairman of the Board of Directors, will temporarily combine his duties as Executive Chairman with those of Group CEO.

The Group’s current CEO, Alexander Hodac, who, together with Marnix Galle, was the architect of Immobel’s transition following the merger with ALLFIN, will be leaving the Group on 30 June, in accordance with his commitment to stay three years after the merger. He will be taking up other professional challenges in the autumn.

Four new developments in Luxembourg for Immobel

2018 was a year of acquisition and consolidation for Immobel Luxembourg. The subsidiary of the group – which is the largest Belgian property development company listed on the Brussels Stock Exchange – recorded some excellent results and expanded its Luxembourg portfolio with the acquisition of 52,000m² of space in premium locations in the capital and its immediate surroundings.

Immobel pays a dividend of 2.42 EUR per share in circulation

For 2018, the Board of Directors proposed the payment of a dividend of 2.42 EUR per share in circulation.

Immobel transfers ownership of Centre Étoile S.à.r.l, owner of the NOVA building to the Monceau Assurances group

Immobel Holding Luxembourg S.à.r.l. (“Immobel”) and Monceau International S.A. ("Monceau Assurances") announce the transfer of 100 % of Immobel’s shareholding  in the company Centre Étoile S.à.r.l., owner of the current NOVA office building (formerly Centre Étoile) located at place de l’Étoile in Luxembourg, to the international insurance group and French real estate investor Monceau Assurances.

Immobel dominates the redevelopment of the city centre through its major involvement in the redevelopment of the Centre Monnaie in Brussels

Immobel, Whitewood and DW Partners finalise one of the most important real estate transactions in recent years with a view to redeveloping the iconic Centre Monnaie in the heart of the European capital.

Immobel and FIDENTIA join forces for the development of Möbius II

On Friday 5 April 2019, Immobel signed an agreement for the transfer of 50 % of its shares in the company Möbius II to FIDENTIA.

This new partnership confirms that Immobel and FIDENTIA are joining forces in the sustainable redevelopment of the North District in Brussels.

Annual Results 2018

Immobel achieves EUR 75.1 million EBITDA and EUR 56.8 million net profit - a record performance

Cedet has been nominated as finalist for the MIPIM Awards 2019 in the category “Best Refurbished Building”

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.

Immobel enters the German market and continues its pan-European growth strategy

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.

Immobel is back in the European quarter with the goal of developing an iconic building

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.

Immobel sells landmark Cedet building in Poland to Asian funds for EUR 129.5 million

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.

Immobel conquering the French Market

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.

Immobel CELEBRATES RETAIL BOND ISSUANCE

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 25^th, 2018.

Immobel wins at the Trophées du droit (legal awards) - Business Edition

At the fourth edition of the Trophées du Droit - Business Edition in Paris, Immobel Group received a special mention rewarding its performance and its pioneering policy over the last three years.

Early closure of the EUR 100 million retail bond issue

Immobel’s first public issue aimed mainly at private investors successfully closed and more than twice oversubscribed.

Immobel launches a bond-issue to retail investors of minimum 75 MEUR

Immobel hereby announces that on 5 October 2018 it will launch an issue of 5-year and 7-year bonds (respectively the “5-year tranche” and the “7-year tranche”) for an aggregate minimum amount of 75 MEUR and an aggregate maximum amount of 100 MEUR.

Immobel and Fort Partners are in exclusive talks with Four Seasons with the intention to develop a new resort in Marbella, Spain

However, as the transaction is still subject to different conditions precedent, Immobel will communicate more in detail once appropriate.

Immobel continues in its international growth and confirms its dividend increase of 10 %

Immobel’s revenues in the first half of 2018 increased by 77 % to EUR 97.7 million while its net income (Group share), amounted to EUR 15 million.

Immobel Luxembourg is broadening its real estate development portfolio in the capital

Immobel Luxembourg announces the acquisition of Thomas S.A., owner of the administrative building located at 1 rue Thomas Edison in Luxembourg-Strassen.