Click here to watch the interview of Marnix Galle, Executive Chairman of the Board of IMMOBEL Group and Julien Michel, Managing Director IMMOBEL France Commercial Property

With all its references in Belgium, IMMOBEL has major ambitions concerning the commercial property market in France. This market must become the most important profit centre for the Group, whose ultimate aim is to become a leading player on the office and multi-product operations property market in Ile-de-France.

Our strategic levers to develop the commercial activity

INVESTING in equity

The French subsidiary will invest the Group's equity according to market opportunities. The aim is to acquire a limited number of large-scale assets to develop an annual activity of between €300 and 400 M at cruising speed. These investments will be focused on offices, hotels, retail, multi-products, retirement homes and logistics..

Third pat ASSET MANAGEMENT

IMMOBEL France will therefore put its skills into sourcing major projects on the Ile-de-France market available to third-party investors. It will thereby use its know-how to create value for the Group as well as for other investors.

INNOVATING to make sense

A different approach to the property market will be IMMOBEL France's trademark. To bring in this breath of fresh air, innovation will be at the heart of every project developed. It will focus on:

  • the design, construction and architectural quality of the properties, by systematically questioning the social and environmental impact of the properties and their integration with the urban fabric,
  • the legal and financial arrangements,
  • uses by offering services that correspond to the new aspirations of the users, and by designing buildings that evolve over time to satisfy different uses in the same day and throughout their life cycle.  

 

For more information, see our Press Kit online.