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Compagnie Immobiliere de Belgique SA (IMMO.BR)

IMMO.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Immobel and Breevast sell RAC 2, company that owns "Belair" project
Tuesday, 6 Dec 2016 11:47am EST 

Immobel Sa : Immobel and Breevast sell RAC 2, a company that owns "Belair" project . Sell their interest to REAL IS SMART, an international investor based in Germany .Transaction is concluded on the basis of a valuation of the RAC 2's assets at an amount of around 59 million euros ($63.15 million).  Full Article

Immobel reports H1 net income of 30.3 mln euros
Thursday, 29 Sep 2016 11:46am EDT 

Immobel SA :Said on Wednesday H1 net income was 30.3 million euros ($34.0 million), strongly influenced by the one-off and accounting effects of the merger.  Full Article

Immobel expands its project portfolio in Luxembourg
Tuesday, 12 Jul 2016 12:36pm EDT 

Immobel SA : Expands its project portfolio in the grand duchy of Luxembourg . Luxembourg subsidiary buys company Tractim SA, owner of the old industrial wasteland 'Secalt Tractel SA' .Permission should be obtained by mid-2017.  Full Article

Immobel’s shareholders agreed to the proposed merger between Immobel and Allfin
Wednesday, 29 Jun 2016 11:52am EDT 

Compagnie Immobiliere De Belgique SA : The Immobel shareholders agreed to the proposed merger between Immobel and Allfin .The merger is effective from June 29th, 2016.  Full Article

Immobel says European Union will occupy the "Black Pearl"
Tuesday, 31 May 2016 12:08pm EDT 

Immobel Sa : A company of Immobel Group has granted a right of usufruct to the European Union on the "Black Pearl" building . Usufruct will enter into force, for a fixed term of 15 years, after completion of the fit-out works requested by the European Union . These works will be completed within a period of about 7 months .The company who developed and marketed the project "Black Pearl" will be sold (subject to some conditions precedent) to Real I.S. for its special fund Bayerische Grundvermögen VII Europa (BGV VII) AIF.  Full Article

Immobel sells 100 pct stake in Westside
Thursday, 28 Apr 2016 12:20pm EDT 

Immobel SA:Sold 100 pct of shares in Westside.  Full Article

Immobel ‍has sold Okraglak project in Poznan​
Tuesday, 12 Jan 2016 07:00pm EST 

Immobel SA:Has sold Okraglak project in Poznan​.‍Transaction was finalized for a price of approximately 17 million euros.  Full Article

Immobel says FY 2015 results to be weaker than expected
Thursday, 10 Dec 2015 11:40am EST 

Immobel SA:Says results for 2015 are likely to be weaker than expected.Says results for 2015 should be close to balance.Significantly better results are expected from 2017 onwards.  Full Article

Immobel announces acquisition in Luxembourg
Thursday, 9 Jul 2015 11:00am EDT 

Immobel SA:Announces acquisition in Luxembourg.Has acquired today, in partnership, real estate currently held by Mavin Property Fund, a Sicav controlled by Breevast.  Full Article

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