First high-rise residential building in Frankfurt with a top-to-bottom green façade

185,000 plants to provide a unique green experience

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.

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.