2020
annual
report
2020 was a year we will never forget. Taking into account the unusual circumstances, we really cannot be dissatisfied: we have weathered the crisis well and have prepared for the future.
For cities
1,600,000 m² under development
> EUR 650 mio of market capitalisation
EUR 5.1 bio in gross development value (GDV)
> 85 projects under development
72% residential projects in portfolio
> 200 m/f talent
For people
Our commitments for sustainable development
Construction is the sector with the largest ecological footprint. As a developer, we are aware of the difference we can make by adopting more sustainable development and building methods.
Download this section (PDF - 200 Kb)A plus for
cities
More than any other year, 2020 has shown us what will matter in the future: the need to live in a healthy and comfortable environment, have access to nature, and protect the environment.
These concerns can be found in all our projects and they illustrate the desire that all of our teams have to build urban spaces where residents benefit from the highest possible quality of life. Well-designed complexes, with transport connections, innovative services and more environmentally friendly buildings.
Learn about the Group’s strengths, illustrated by specific initiatives that show how, in practical terms, we see our business as real estate developers.
Download this section (PDF - 2 Mb)A holistic approach
A holistic approach to design means considering projects in their entirety.
More mobility solutions for residents
Keen to offer innovative solutions with real added value for the residents of its buildings, Immobel is focusing, in particular, on solving mobility-related issues.
Learn about our collaboration with MyMove
Immpulse: agility and co-creation
The holistic approach also means innovating to create synergies and beginning to co-create even before the design stages. This is reflected in the Immpulse approach launched by our Paris team.
Find out more about the French Immpulse initiativeInvigorating neighbourhoods
By transforming abandoned areas into living, work and leisure spaces, Immobel is taking steps to repair the urban fabric of major European cities.
Transforming wastelands into vibrant living spaces
Immobel has real expertise in investing in urban wastelands and turning them into vibrant, people-filled, comfortable places to live. Three Group projects in particular illustrate this know-how.
Find out about the three projects
Centre Monnaie: the transformation of an iconic building
The Centre Monnaie project is eagerly anticipated because of its location and the iconic appearance of its 1970s era building. The redevelopment should provide greater diversity of use and ensure a 24/7 function in order to contribute to bringing more life to the neighbourhood in the evenings and weekends, after the centre’s shops have closed.
New local expertise: Marbella
Immobel is not afraid to export its know-how to new markets. For example, in a highly competitive environment and geographical area in Spain, the Group is developing local expertise via a huge “resort” project in partnership with Four Seasons Hotels & Resorts.
Learn more about our Marbella projectResponsible use of resources
Our priority for the well-being of our residents and future generations is to build in a more sustainable and environmentally friendly way.
Geothermal energy, a promising technology
Looking for fossil-free solutions, Immobel is working with talented technical partners such as geothermal specialist Jeroen Rabaey, CEO of Noven, to develop new energy approaches in its projects.
Read the interview
Variations of green for the city of tomorrow
The role of landscape architects is crucial in developments. Anne-Marie Sauvat, founder of the Atelier EOLE landscape architecture firm, explains her ambition: to design understated and diversified plantscapes to turn the soil of our cities into a veritable factory of biodiversity.
Read the interview
Multi, a renovation into a transparent and welcoming complex
An ambitious programme with significant added value for the public and the occupants. A renovation that ticks many virtuous boxes: circularity, reuse and mobility. Christine Conix of CONIX RDBM Architects explains the challenges.
Read the interviewFocusing on quality of life
The comfort and well-being of the people who live in and use our buildings are at the heart of our priorities on a daily basis.
More sustainable comfort for office projects
Our office complexes respect the highest well-being and ergonomic standards, and are designed to be easy to convert, so that they can be adapted to changes in future working practices.
Learn more about our approach
Personalized interior decoration for our customers
With the support of our specialist design and development teams, the purchasers of our residential programmes are able to customise their properties before moving in.
Learn more about our specialist teamPatches of tranquillity in the city
Within the Group, developers are mindful of residents’ new well-being requirements. They are therefore increasingly focusing on specific services, oriented towards slow living and the introduction of more plant life and fulfilling activities in the city.
View three examples
The Immobel Social Fund
As a major player in urban development, Immobel is also fully committed to its social responsibilities. The Immobel Social Fund sets aside 1% of its net profits* to support organisations and associations that work in health, culture and social inclusion in particular.
* average over five years
Download this section (PDF — 200 Kb)Shareholder information
Portfolio by property type
18.7 %
ROE - average over 3 years
Dividend per share (€/share)
Activities by country
Belgium
Activity in Belgium was certainly a challenge this year. Despite the exceptional circumstances, strong teamwork and a very proactive approach produced some highlights.
Download the report for Belgium (PDF — 300 Kb)France
2020 was a difficult year for us, as it was for other real estate developers in France, caused by COVID-19 and also by the administrative slowdown relating to the organisation and postponement of municipal elections.
Download the report for France (PDF — 300 Kb)Luxembourg
Although COVID-19 also left its mark on the Luxembourg office, Immobel Luxembourg used this year to invest in the future by adding a number of interesting acquisitions to the portfolio.
Download the report for Luxembourg (PDF — 300 Kb)Poland
In Poland, we completed the first of two phases of our Granary Island project in Gdansk, which is a typical example of Immobel’s expertise in revitalising city centres.
Download the report for Poland (PDF — 300 Kb)Germany
We are still focused on the big cities in Germany. We made progress on a number of projects in 2020, with the prospect of major breakthroughs in 2021.
Download the report for Germany (PDF — 200 Kb)Spain
The design work for the five-star hotel and residential units (villas, single-family dwellings and apartments) at the Four Seasons project in Marbella has been completed and gives a clear idea of what the resort will offer its residents.
Download the report for Spain (PDF — 200 Kb)
Download centre
Sections
- Message from the Executive Chairman Download the PDF (300 Kb)
- Sustainable development Download the PDF (200 Kb)
- A plus for cities Download the PDF (2 Mb)
- The Immobel Social Fund Download the PDF (200 Kb)
- Key figures 2020 and shareholder information Download the PDF (300 Kb)
- Activity report for Belgium Download the PDF (300 Kb)
- Activity report for France Download the PDF (300 Kb)
- Activity report for Luxembourg Download the PDF (300 Kb)
- Activity report for Poland Download the PDF (300 Kb)
- Activity report for Germany Download the PDF (200 Kb)
- Activity report for Spain Download the PDF (200 Kb)
Reports and documents
- Market analysis for Belgium Download the PDF (200 Kb)
- Market analysis for France Download the PDF (200 Kb)
- Market analysis for Luxembourg Download the PDF (300 Kb)
- Market analysis for Poland Download the PDF (200 Kb)
- Market analysis for Germany Download the PDF (200 Kb)
- Management report Download the PDF (500 Kb)
- Corporate Governance Statement Download the PDF (500 Kb)
- Remuneration policy Download the PDF (400 Kb)
- Remuneration report Download the PDF (500 Kbb)
- Statutory and consolidated accounts Download the PDF (1.2 Mb)
- General information Download the PDF (200 Kb)