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  • Belfius takes a 30% stake in Immovlan
Articles:

Belfius takes a 30% stake in Immovlan

29 June 2020

Belfius has acquired a 30% stake in the real estate online platform Immovlan. The rest of the shares remains in the hands of the media companies Rossel and Roularta in equal parts. According to their press release, the shareholders ambition to propel Immovlan as the reference real estate platform on the Belgian market.

Investing in Immovlan allows Belfius to broaden its offer towards non-banking services on the one hand and to improve user experience while building customer loyalty on the other hand. The new partnership will enable a candidate buyer to access several additional information and services as well as additional features (consult an offer, make a virtual visit, etc).

BDO assisted Belfius with their due diligence procedures (finance, tax, social and social security).