IMMOBEL and ALLFIN merge

IMMOBEL and ALLFIN merge

On June 29th 2016, Immobel and Allfin become a single entity, following the merger through absorption, approved virtually unanimously by the Extraordinary General Meeting (42.55% of the shares in circulation). This new entity immediately becomes the largest quoted Belgian real estate developer. The transaction leads to a stock market capitalisation of over 500 MEUR and assets of over 920 MEUR.