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.
IMMOBEL’s public issue aimed mainly at retail investors successfully closed and was oversubscribed almost six times
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.
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.