Annual Report 2016

Develop iconic living

Our identity

IMMOBEL is the largest listed Belgian property developer. Since its foundation in 1863, the Group has developed and marketed innovative urban projects in response to the needs of cities and their inhabitants. Thanks to its bold strategy and a talented workforce of around a hundred people, IMMOBEL has succeeded in diversifying its expertise in the residential, office, retail and landbanking development sectors and has successfully expanded internationally to the Grand Duchy of Luxembourg and Poland. Its portfolio now totals more than 850,000 m² under development, and the Group has a market capitalisation of more than 550 MEUR, establishing its position as a market leader.

Chairman’s message

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Marnix GALLE
Executive Chairman
"The fantastic qualities of the combined teams and our new employees have led to an unprecedented dynamism and results."
Alexander HODAC
Managing Director
"Last year, 2016, was a year of revelation rather than transition."

Our highlights

  • Okraglak
    Sale of the Okraglak project in Poznan in Poland

    January 2016

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  • Universalis Park
    Universalis Park: a new highly recognised partner

    March 2016

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  • Westside Village
    Sale of 100% of the shares of Westside SA in Luxembourg

    April 2016

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  • Merge
    IMMOBEL and ALLFIN merge

    June 2016

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  • Polvermillen
    IMMOBEL Luxembourg expands its portfolio with the Polvermillen project

    July 2016

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  • Möbius and De Brouckère
    Two birds with one stone: Möbius and De Brouckère are set to redesign the Brussels skyline

    September 2016

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  • Infinity
    Infinity Working in Luxembourg welcomes a prestigious tenant

    September 2016

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  • Nivelles
    Presentation of an innovative and sustainable project in Nivelles

    November 2016

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  • Landbanking
    Development action in Flanders

    December 2016

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  • Belair (RAC 2)
    Sale and rental of the “Belair” project (RAC 2)

    December 2016

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  • Black Pearl
    Black Pearl delivered and the owning company sold

    December 2016

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  • Gateway
    Gateway (Brussels Airport) finished and delivered

    December 2016

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Our key figures

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Our leadership