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Announced

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Belfius Banque completed the acquisition of a 30% stake in Immovlan from Roularta Media Group and Rossel & Cie.

Synopsis

Belfius Banque, a Belgian banking and insurance services provider, completed the acquisition a 30% stake in Immovlan, the digital real estate platform, from Roularta Media Group, a Belgian multimedia group, and Rossel & Cie, a major media group in Brussels. Financial terms were not disclosed. “Three solid Belgian partners came together around the idea of build the real estate platform digital reference on the market Belgian. Given the strong dynamic of our partners and Immovlan, I am convinced of the success of this collaboration, both short and long term. Our participation in Immovlan fits perfectly into our ambition, as a pioneer digital, to continue to innovate in the Belfius app, in order to be a true partner for our customers in carrying out related projects to their accommodation, and continue to deploy our strategy in the real estate industry," Marc Raisiere, Belfius CEO.

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