Immobel Germany

Annual Results 2019

Immobel increases its profit by more than 80% to EUR 102.4 million.

2019 was a year of strong growth for Immobel, completely in line with its strategy of prioritising profitability and recurring revenue. The company significantly outperformed its 2019 goals.

The new De Brouckère: lots of open space, light and air

BPI Real Estate and Immobel plan to start the redevelopment of De Brouckère in the autumn of 2020

The new Eden Tower brings plants back into the city of Frankfurt

185,000 plants to provide a unique green experience

Immobel successfully contributes to urban development in Luxembourg

Sale of INFINITY landmark project to REAL I.S. expected to further drive H2 results

Early closure of the EUR 75 million retail notes issue

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

Immobel announces the creation of its Immobel Germany subsidiary and names Michael Henn as CEO

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 is back in the European quarter in Brussels 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 of Brussels, in the heart of the European quarter.

Immobel intends to redevelop the site to create a new  iconic, sustainable office building.

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.