Immobel announces the return of the event on 29 September on the Kockelscheuer site. Dedicated to the Real Estate community, this race will bring together runners from the sector for an evening devoted to conviviality.

Thanks to a strong commercial uptake across all markets, Immobel strengthens its position within the European real estate sector.

The City of Paris is committed to adapting to the new trends of living and working in the City and of those who bring it to life. The new edition of ‘Réinventer Paris’ Projects (Reinventing Paris) invites the owners, designers and architects to imagine what the empty rooms of today would look like in the future. The real-estate developer Immobel France, a member of the Immobel group, has been awarded the contract for the conversion of the Tati Barbès building into 8,000m² of homes, shops and offices, preserving and updating this iconic location in the 18th arrondissement of Paris.

Goldman Sachs Asset Management and Immobel announce that they have jointly acquired a mixed-use commercial and office building of approximately 2.700 m² in a direct agreement transaction.

Immobel Belux Office Development Fund reached an agreement with Sabam.

Immobel has introduced a building permit request for the renovation of the Isala building, the former headquarters of Total on Rue de la Loi/Wetstraat in Brussels. The Isala building, which is located next to the Arts-Loi mobility hub, will become an iconic and sustainable office building in the European quarter of Brussels. Thanks to a nearly-zero carbon footprint, an energy-positive goal and a strong focus on strengthening biodiversity and the wellbeing of end-users, Isala aspires to become one of Europe’s top buildings in terms of sustainability.

Immobel & BPI Real Estate obtain building permit for Brouck'R project

The Belgian real estate developer Immobel has started the vertical greening of its Eden Tower. With a height of almost 100 metres and with 28 floors, the building, located in the Europaviertel [European quarter] of Frankfurt am Main, Germany, is one of Europe’s highest leafy residential towers. Now that the facade structure has been completed, the tower is being adorned with its green attire of plants.

Immobel and BPI Real Estate are accelerating the transformation of the abandoned industrial site at the head of the Biestebroeck basin into a new, open and lively neighbourhood by selling part A of the Key West project to Home Invest Belgium. The agreement reached with Home Invest Belgium, the leading residential rental property specialist, aligns perfectly with the continued institutionalisation of the Belgian real estate market.

Immobel and Dumobil have obtained planning permission for the development of a completely new, green area in the West Flanders town of Tielt. Both the town and provincial councils have approved the parcelling of this ambitious housing project. Sustainable housing units will be combined harmoniously with the creation of a vast new park. The start of the work is planned for the autumn of 2021.

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.

Immobel signs a sales agreement with Allianz who will purchase the BREEAM Outstanding and CO2 neutral Commerce 46 building in the European Quarter in Brussels.

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.

This week, Immobel and Whitewood signed a 12-year lease agreement with Total for the new location of its Belgian headquarters, the Multi building in the centre of the capital. From the end of 2022, 900 Total employees will be able to occupy the first CO2 neutral office building in Brussels. In 2019, the developers already signed a 15-year lease agreement with bpost. Both Total and bpost will lease approximately 17,000 m².

On 22 March, Immobel will offer for sale 108 new housing units spread over two attractive locations in Luxembourg City and Esch-sur-Alzette. In total, 14,000 m² will be set aside for shared spaces, soft mobility and greenery.

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.