Immobel Belux Office Development Fund reached an agreement with Sabam.

Immobel has been included in the Morgan Stanley Capital International (MSCI) Global Small Cap Index. MSCI is a leading provider of critical decision support tools and services for the global investment community.

A strategic milestone for Immobel’s Real Estate Investment Management business

Pictet Alternative Advisors and Immobel have acquired an approx. 4,500 sqm office property located in the Paris-Opera district, in an off-market transaction. The asset, located at 73 Rue de Richelieu in the 2nd arrondissement, currently sits fully vacant after the previous long-term tenant vacated its premises in 2020 offering a significant redevelopment opportunity in one of Paris’s most sought after locations.

For 2020, the General Assembly has approved a dividend of 2.77 EUR per share in circulation.

Solid recovery in 2nd half, largest pipeline ever. Immobel maintains its dividend policy. Immobel realised in FY2020 revenues of EUR 375.4 million, EBITDA[1] of EUR 52.8 million and net group profit share of EUR 33.3 million or EUR 3.58 per share.

The Shares have been placed at a price of €66 per share, resulting in gross proceeds for the Company of €17.3 million, which will be used to finance additional projects already identified in Belgium, Germany, France and Luxembourg.

Through the private placement, Immobel intends to raise additional funds to finance additional projects already identified in Belgium, Germany, France and Luxembourg.

The Shares have been sold on 18 December 2020 at 2 pm CET at a price of €64,40 per share in an over-the-counter transaction.

Sustainable and circular transformation of office buildings in the European Quarter.

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

55,000 m² revitalised in the heart of Gdansk

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

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

In accordance with article 14, first paragraph, of the Law of 2 May 2007 regarding the disclosure of major shareholdings.

The treasury shares have been placed at a price of €65.00 per share, resulting in gross proceeds for the Company of  €52 million, which will be used to accelerate its investment strategy and finance additional projects already identified in Belgium, France and Luxembourg.

Immobel SA/NV (“Immobel” or the “Company”) announces the launch of a private placement of approximately 800,000 treasury shares (corresponding to approximately 8% of the share capital) to qualified investors by means of an accelerated bookbuilding process.

Immobel enters into a strategic agreement with ING.

65,000 m² revitalized in the heart of Gdansk

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 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’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.