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<!--Created by Sigma Conso, Powered by IRIS Carbon, Unique Code 62ce8fbb54148f27a06e1795, Generated At Wed, 13 Jul 2022 09:30:22 GMT-->
<link:linkbase xmlns:link="http://www.xbrl.org/2003/linkbase" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xbrli="http://www.xbrl.org/2003/instance" xsi:schemaLocation="http://www.xbrl.org/2003/linkbase http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd">
  <link:labelLink xlink:type="extended" xlink:role="http://www.xbrl.org/2003/role/link">
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_OtherRentalRelatedIncomeAndExpenses" xlink:label="OtherRentalRelatedIncomeAndExpenses" xlink:title="OtherRentalRelatedIncomeAndExpenses" />
    <link:label xlink:type="resource" xlink:label="label_OtherRentalRelatedIncomeAndExpenses" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherRentalRelatedIncomeAndExpenses" xml:lang="en" id="label_OtherRentalRelatedIncomeAndExpenses">Other Rental Related Income and Expenses</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRentalRelatedIncomeAndExpenses" xlink:to="label_OtherRentalRelatedIncomeAndExpenses" xlink:title="Label : OtherRentalRelatedIncomeAndExpenses to label_OtherRentalRelatedIncomeAndExpenses" />
    <link:label xlink:type="resource" xlink:label="label_OtherRentalRelatedIncomeAndExpenses_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherRentalRelatedIncomeAndExpenses_1" xml:lang="en" id="label_OtherRentalRelatedIncomeAndExpenses_1">The amount of rental related  income (expense) that the entity does not separately disclose in the  same statement or note.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherRentalRelatedIncomeAndExpenses" xlink:to="label_OtherRentalRelatedIncomeAndExpenses_1" xlink:title="Label : OtherRentalRelatedIncomeAndExpenses to label_OtherRentalRelatedIncomeAndExpenses_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:label="RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:title="RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" />
    <link:label xlink:type="resource" xlink:label="label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xml:lang="en" id="label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties">Recovery of Rental Charges and Taxes Normally Payable by Tenants on Let Properties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:to="label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:title="Label : RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties to label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" />
    <link:label xlink:type="resource" xlink:label="label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1" xml:lang="en" id="label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1">The amount of income linked to the charges and taxes that have been recovered from the tenant, since the tenant should normally pay these expenses.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:to="label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1" xlink:title="Label : RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties to label_RecoveryOfRentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:label="RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:title="RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" />
    <link:label xlink:type="resource" xlink:label="label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xml:lang="en" id="label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties">Rental Charges and Taxes Normally Payable by Tenants on Let Properties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:to="label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:title="Label : RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties to label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" />
    <link:label xlink:type="resource" xlink:label="label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1" xml:lang="en" id="label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1">The amount of rental charges and taxes normally payable by tenants on let investment properties.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties" xlink:to="label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1" xlink:title="Label : RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties to label_RentalChargesAndTaxesNormallyPayableByTenantsOnLetProperties_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_PropertyResult" xlink:label="PropertyResult" xlink:title="PropertyResult" />
    <link:label xlink:type="resource" xlink:label="label_PropertyResult" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyResult" xml:lang="en" id="label_PropertyResult">Property Result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyResult" xlink:to="label_PropertyResult" xlink:title="Label : PropertyResult to label_PropertyResult" />
    <link:label xlink:type="resource" xlink:label="label_PropertyResult_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PropertyResult_1" xml:lang="en" id="label_PropertyResult_1">The profit (loss) from operating activities directly related to the investment property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyResult" xlink:to="label_PropertyResult_1" xlink:title="Label : PropertyResult to label_PropertyResult_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_TechnicalCosts" xlink:label="TechnicalCosts" xlink:title="TechnicalCosts" />
    <link:label xlink:type="resource" xlink:label="label_TechnicalCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_TechnicalCosts" xml:lang="en" id="label_TechnicalCosts">Technical Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalCosts" xlink:to="label_TechnicalCosts" xlink:title="Label : TechnicalCosts to label_TechnicalCosts" />
    <link:label xlink:type="resource" xlink:label="label_TechnicalCosts_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_TechnicalCosts_1" xml:lang="en" id="label_TechnicalCosts_1">The amount of direct technical expenses (including repairs and maintenance) arising from investment property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="TechnicalCosts" xlink:to="label_TechnicalCosts_1" xlink:title="Label : TechnicalCosts to label_TechnicalCosts_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_CommercialCosts" xlink:label="CommercialCosts" xlink:title="CommercialCosts" />
    <link:label xlink:type="resource" xlink:label="label_CommercialCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CommercialCosts" xml:lang="en" id="label_CommercialCosts">Commercial Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialCosts" xlink:to="label_CommercialCosts" xlink:title="Label : CommercialCosts to label_CommercialCosts" />
    <link:label xlink:type="resource" xlink:label="label_CommercialCosts_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CommercialCosts_1" xml:lang="en" id="label_CommercialCosts_1">The amount of operating expenses arising from the commercial acitivities for investment property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CommercialCosts" xlink:to="label_CommercialCosts_1" xlink:title="Label : CommercialCosts to label_CommercialCosts_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_ChargesAndTaxesOnUnletProperties" xlink:label="ChargesAndTaxesOnUnletProperties" xlink:title="ChargesAndTaxesOnUnletProperties" />
    <link:label xlink:type="resource" xlink:label="label_ChargesAndTaxesOnUnletProperties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ChargesAndTaxesOnUnletProperties" xml:lang="en" id="label_ChargesAndTaxesOnUnletProperties">Charges and Taxes on Unlet Properties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChargesAndTaxesOnUnletProperties" xlink:to="label_ChargesAndTaxesOnUnletProperties" xlink:title="Label : ChargesAndTaxesOnUnletProperties to label_ChargesAndTaxesOnUnletProperties" />
    <link:label xlink:type="resource" xlink:label="label_ChargesAndTaxesOnUnletProperties_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ChargesAndTaxesOnUnletProperties_1" xml:lang="en" id="label_ChargesAndTaxesOnUnletProperties_1">The amount of charges and taxes arising from unlet investment property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ChargesAndTaxesOnUnletProperties" xlink:to="label_ChargesAndTaxesOnUnletProperties_1" xlink:title="Label : ChargesAndTaxesOnUnletProperties to label_ChargesAndTaxesOnUnletProperties_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_OtherPropertyCosts" xlink:label="OtherPropertyCosts" xlink:title="OtherPropertyCosts" />
    <link:label xlink:type="resource" xlink:label="label_OtherPropertyCosts" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OtherPropertyCosts" xml:lang="en" id="label_OtherPropertyCosts">Other Property Costs</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherPropertyCosts" xlink:to="label_OtherPropertyCosts" xlink:title="Label : OtherPropertyCosts to label_OtherPropertyCosts" />
    <link:label xlink:type="resource" xlink:label="label_OtherPropertyCosts_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OtherPropertyCosts_1" xml:lang="en" id="label_OtherPropertyCosts_1">The amount of other operating expenses arising from investment property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OtherPropertyCosts" xlink:to="label_OtherPropertyCosts_1" xlink:title="Label : OtherPropertyCosts to label_OtherPropertyCosts_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_PropertyCharges" xlink:label="PropertyCharges" xlink:title="PropertyCharges" />
    <link:label xlink:type="resource" xlink:label="label_PropertyCharges" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyCharges" xml:lang="en" id="label_PropertyCharges">Property Charges</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyCharges" xlink:to="label_PropertyCharges" xlink:title="Label : PropertyCharges to label_PropertyCharges" />
    <link:label xlink:type="resource" xlink:label="label_PropertyCharges_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PropertyCharges_1" xml:lang="en" id="label_PropertyCharges_1">The amount of all operating expenses arising from investment property.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyCharges" xlink:to="label_PropertyCharges_1" xlink:title="Label : PropertyCharges to label_PropertyCharges_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_PropertyOperatingResult" xlink:label="PropertyOperatingResult" xlink:title="PropertyOperatingResult" />
    <link:label xlink:type="resource" xlink:label="label_PropertyOperatingResult" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_PropertyOperatingResult" xml:lang="en" id="label_PropertyOperatingResult">Property Operating Result</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyOperatingResult" xlink:to="label_PropertyOperatingResult" xlink:title="Label : PropertyOperatingResult to label_PropertyOperatingResult" />
    <link:label xlink:type="resource" xlink:label="label_PropertyOperatingResult_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_PropertyOperatingResult_1" xml:lang="en" id="label_PropertyOperatingResult_1">The profit (loss) from operating activities of the entity before overhead costs and other operating expenses / income.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="PropertyOperatingResult" xlink:to="label_PropertyOperatingResult_1" xlink:title="Label : PropertyOperatingResult to label_PropertyOperatingResult_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_OperatingResultBeforeResultOnPortfolio" xlink:label="OperatingResultBeforeResultOnPortfolio" xlink:title="OperatingResultBeforeResultOnPortfolio" />
    <link:label xlink:type="resource" xlink:label="label_OperatingResultBeforeResultOnPortfolio" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_OperatingResultBeforeResultOnPortfolio" xml:lang="en" id="label_OperatingResultBeforeResultOnPortfolio">Operating Result before Result on Portfolio</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingResultBeforeResultOnPortfolio" xlink:to="label_OperatingResultBeforeResultOnPortfolio" xlink:title="Label : OperatingResultBeforeResultOnPortfolio to label_OperatingResultBeforeResultOnPortfolio" />
    <link:label xlink:type="resource" xlink:label="label_OperatingResultBeforeResultOnPortfolio_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_OperatingResultBeforeResultOnPortfolio_1" xml:lang="en" id="label_OperatingResultBeforeResultOnPortfolio_1">The profit (loss) from operating activities of the entity before the result on the portfolio.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="OperatingResultBeforeResultOnPortfolio" xlink:to="label_OperatingResultBeforeResultOnPortfolio_1" xlink:title="Label : OperatingResultBeforeResultOnPortfolio to label_OperatingResultBeforeResultOnPortfolio_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_CurrentTaxAssetsAndOtherCurrentAssets" xlink:label="CurrentTaxAssetsAndOtherCurrentAssets" xlink:title="CurrentTaxAssetsAndOtherCurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssetsAndOtherCurrentAssets" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_CurrentTaxAssetsAndOtherCurrentAssets" xml:lang="en" id="label_CurrentTaxAssetsAndOtherCurrentAssets">Current Tax Assets and Other Current Assets</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssetsAndOtherCurrentAssets" xlink:to="label_CurrentTaxAssetsAndOtherCurrentAssets" xlink:title="Label : CurrentTaxAssetsAndOtherCurrentAssets to label_CurrentTaxAssetsAndOtherCurrentAssets" />
    <link:label xlink:type="resource" xlink:label="label_CurrentTaxAssetsAndOtherCurrentAssets_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_CurrentTaxAssetsAndOtherCurrentAssets_1" xml:lang="en" id="label_CurrentTaxAssetsAndOtherCurrentAssets_1">The excess of amount paid for current tax in respect of current and prior periods over the amount due for those periods and the amount of current assets (incl. current other receivabes) that the entity does not separately disclose in the same statement or note. Current tax is the amount of income taxes payable (recoverable) in respect of the taxable profit (tax loss) for a period.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="CurrentTaxAssetsAndOtherCurrentAssets" xlink:to="label_CurrentTaxAssetsAndOtherCurrentAssets_1" xlink:title="Label : CurrentTaxAssetsAndOtherCurrentAssets to label_CurrentTaxAssetsAndOtherCurrentAssets_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_Reserves" xlink:label="Reserves" xlink:title="Reserves" />
    <link:label xlink:type="resource" xlink:label="label_Reserves" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_Reserves" xml:lang="en" id="label_Reserves">Reserves</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Reserves" xlink:to="label_Reserves" xlink:title="Label : Reserves to label_Reserves" />
    <link:label xlink:type="resource" xlink:label="label_Reserves_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_Reserves_1" xml:lang="en" id="label_Reserves_1">A component of equity representing reserves within equity, including retained earnings.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="Reserves" xlink:to="label_Reserves_1" xlink:title="Label : Reserves to label_Reserves_1" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" xlink:label="ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" xlink:title="ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" />
    <link:label xlink:type="resource" xlink:label="label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" xml:lang="en" id="label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties">Reserve for Balance of Changes in Fair Value of Investment Properties</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" xlink:to="label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" xlink:title="Label : ReserveForBalanceOfChangesInFairValueOfInvestmentProperties to label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" />
    <link:label xlink:type="resource" xlink:label="label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties_1" xlink:role="http://www.xbrl.org/2003/role/documentation" xlink:title="label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties_1" xml:lang="en" id="label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties_1">A component of equity representing accumulated changes in fair value of investment properties.</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="ReserveForBalanceOfChangesInFairValueOfInvestmentProperties" xlink:to="label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties_1" xlink:title="Label : ReserveForBalanceOfChangesInFairValueOfInvestmentProperties to label_ReserveForBalanceOfChangesInFairValueOfInvestmentProperties_1" />
    <link:loc xlink:type="locator" xlink:href="http://xbrl.ifrs.org/taxonomy/2021-03-24/full_ifrs/full_ifrs-cor_2021-03-24.xsd#ifrs-full_RetainedEarningsExcludingProfitLossForReportingPeriod" xlink:label="RetainedEarningsExcludingProfitLossForReportingPeriod" xlink:title="RetainedEarningsExcludingProfitLossForReportingPeriod" />
    <link:label xlink:type="resource" xlink:label="label_RetainedEarningsExcludingProfitLossForReportingPeriod" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_RetainedEarningsExcludingProfitLossForReportingPeriod" xml:lang="en" id="label_RetainedEarningsExcludingProfitLossForReportingPeriod">Retained Earnings excluding Profit (Loss) for Reporting Period</link:label>
    <link:labelArc xlink:type="arc" xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="RetainedEarningsExcludingProfitLossForReportingPeriod" xlink:to="label_RetainedEarningsExcludingProfitLossForReportingPeriod" xlink:title="Label : RetainedEarningsExcludingProfitLossForReportingPeriod to label_RetainedEarningsExcludingProfitLossForReportingPeriod" />
    <link:loc xlink:type="locator" xlink:href="549300SRTBBVH8A3RD37-2022-03-31.xsd#immou_AdjustmentsForGainsLossesOnDisposalOfInvestmentProperties" xlink:label="AdjustmentsForGainsLossesOnDisposalOfInvestmentProperties" xlink:title="AdjustmentsForGainsLossesOnDisposalOfInvestmentProperties" />
    <link:label xlink:type="resource" xlink:label="label_AdjustmentsForGainsLossesOnDisposalOfInvestmentProperties" xlink:role="http://www.xbrl.org/2003/role/label" xlink:title="label_AdjustmentsForGainsLossesOnDisposalOfInvestmentProperties" xml:lang="en" id="label_AdjustmentsForGainsLossesOnDisposalOfInvestmentProperties">Adjustments for Gains (Losses) on Disposal of Investment Properties</link:label>
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