PropertyEU

Belgium's Immobel sees profit plunge amid 'challenging conditions'

By Virna Asara 2023-09-15T00:00:00

immobel

Belgian developer Immobel saw its net result swing to a negative €2.8 mln in the first half of 2023, compared to a profit of almost €9 mln in the same period a year before, largely due to 'a one-time cost linked to strategic cost cutting measures taken at the end ...

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