IMMOBEL has confirmed its desire for diversification by creating its IMMOBEL Germany subsidiary and naming Michael Henn as CEO of this subsidiary.
IMMOBEL is a major player in European property development.
The Group develops ambitious projects involving a visionary redesigning of our cities.
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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.
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 of Brussels, in the heart of the European quarter.
IMMOBEL intends to redevelop the site to create a new iconic, sustainable office building.