Immobel (IMMO) Investor presentation summary

Portfolio and market positioning

• €1.2 billion project portfolio currently being commercialized in Brussels, focusing on residential and office segments.

• Strategic focus on key locations with high-performing internal sales team.

• Projects include a mix of offices, residential, retail, and student rooms across various Brussels districts.

Market trends and demand drivers

• Brussels faces a scarcity in residential supply amid higher population growth compared to new housing development.

• Demand for green, future-proof office buildings is rising, with limited supply pushing up average and prime rents.

• Prime office rents in Brussels have increased steadily, reaching up to €430/m²/year in Q3 2024.

ESG and sustainability initiatives

• Emphasis on fossil-free, circular, and high-label (BREEAM/Well) buildings with advanced water management and energy efficiency.

• Circularity practices include urban mining, reusing and recycling building materials, and preserving structures.