IMMOBEL 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.

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.

Great success for the first edition of the ImmoRun by IMMOBEL in Luxembourg

The first edition of the ImmoRun by IMMOBEL brought together 300 persons yesterday at the Kockelsheuer site in Luxembourg. This race, for real estate professionals only, aims to be the B2B sporting and networking event  of the Real Estate community of the country.

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.

IMMOBEL is proud to launch the first edition of the ImmoRun in Luxembourg

On June 26^th IMMOBEL will inaugurate the first edition of the ImmoRun in Luxembourg, on the site of the Kockelscheuer skating rink. This race, for real estate professionals only, is designed to become the B2B, sports & networking event of the real estate community of the country.

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, Major Sponsor of the first edition of IMMORUN in Luxembourg !

The race, opened to every key actors of the real estate industry, will take place in afterwork on Wednesday 26^th June on the Kockelscheuer site.

2018, a year of acquisition and consolidation for IMMOBEL Luxembourg

IMMOBEL Luxembourg, a subsidiary of the IMMOBEL Group – the property development leader in Belgium, quoted  on the Brussels Stock Exchange – recorded some excellent results in 2018 and added to its Luxembourg portfolio with the acquisition of 52,000 m² in premium locations in the capital and its surroundings.

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 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.

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.

The INFINITY construction site has celebrated its first anniversary in October !

A look back in images at how this year has progressed.

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.