Granary Island wins the 2020 MIPIM Award in the “Best Urban Project” category

55,000 m² revitalised in the heart of Gdansk.

H1 2020 results impacted by COVID-19, business model remains resilient

With a large amount of projects in the permitting stage, Immobel is well positioned to continue on its growth path.

Immobel pays a dividend of 2.66 EUR per share in circulation

For 2019, the Board of Directors proposed the payment of a dividend of 2.66 EUR per share in circulation.

Immobel retains focus on residential and office real estate in European prime locations during COVID-19 period

Immobel enters into a strategic agreement with ING.

Immobel delivers new head office for Allianz Benelux

The “BREEAM excellent” building was designed in consultation with Allianz.

Key West: quality of life by the water in Brussels

BPI Real Estate and Immobel revitalize site in the Biestebroeck neighbourhood.

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

Infinity Shopping opens its doors

The retailers, Immobel and Real I.S. have today inaugurated the Infinity Shopping complex in Luxembourg

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

Immobel announces that INFINITY Shopping will open on December 12th

Immobel announces that the INFINITY Shopping retail area will open on December 12^th. The European district will now have a wide range of shops and services available right on its doorstep.

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 launches a notes-issue to retail investors

Immobel hereby announces that on 4 October 2019 it will launch an issue of 7 ½ - year notes (the “7 ½ - year tranche”) for an aggregate minimum amount of 50,000,000 EUR and an aggregate maximum amount of 75,000,000 EUR.

Immobel realizes a record net profit of EUR 56.4 million in the first six months of 2019

Immobel’s revenues in the first half of 2019 increased by 44.1% to EUR 140.8 million while its EBITDA and net profit (Group share) amounted to EUR 67.2 million and EUR 56.4 million respectively. This results in a net profit of EUR 6.43/share compared to EUR 1.71/share during the same period last year.  This means that in the first six months alone it achieves a result equal to the annual result for the record year 2018.

Immobel joins the Euronext BEL Mid Index

Immobel will be included in the BEL Mid index, the Mid-Cap stock Index of Euronext Brussels. The inclusion in this index will take effect as from 23 September 2019.

The INFINITY LIVING project is sold out

Immobel Luxembourg announces the end of the marketing of INFINITY LIVING, its landmark residential project in Luxembourg.

A great sale for Immobel: relocation of the Saint-Pierre Clinic in Ottignies

Immobel is announcing the sale of a plot of land in Wavre intended to accommodate the Saint-Pierre Clinic after its move from Ottignies. This transaction will enable the Clinic to move closer to Wavre and offer more mobility to its future patients. It is a great sale that adds to the Group’s various achievements already realised in 2019 and further underlines the performance of its teams.

WeWork’s next stop: Central Point

Warsaw, 25 July 2019 – WeWork, global provider of flexible and modern office spaces, continues its expansion across Poland. The company leased 5,500 sqm in its new sixth location - Central Point, Warsaw, a project developed by Belgian-based Immobel and scheduled for completion in mid-2021. WeWork was represented in the lease transaction by global real estate services firm Cushman & Wakefield.