Business Immo, the real estate website


Career 23/03/2021

Jérôme Descamps appointed Chairman of Sofidy's Selectirente Gestion

Paris-based fund manager Sofidy, a subsidary of French investment firm Tikehau Capital Group, has appointed Jérôme Descamps as chairman of its REIT/SIIC Selectirente Gestion. In this (...)

Health / Senior 01/02/2021

Cofinimmo acquires five healthcare sites in Normandy

Cofinimmo has acquired four care homes, one of which is still to built, and one residence for independent seniors, in Normandy. For the five sites the total investment will (...)

Office 22/01/2020

"2020 will mark the end of the deterioration in the performance of commercial real estate."

VIEWS+S Consulting has just published a study on European listed real estate. Its founder, Philippe Le Trung, looks back on the major lessons to (...)

Office 09/12/2019

Belgian Cofinimmo signs to sell AXA building in Brussels for €50m

Belgian REIT/RREC Cofinimmo has signed to sell the Souverain/Vorst 23/25 office building in Brussels, widely known as the AXA building, for €50m.  The company gave no (...)

Listed 31/07/2019

Belgian REIT Cofinimmo 1H net rises to €75m, focus firmly on healthcare

Belgian REIT Cofinimmo first half net profit rose to €75m from €68m in June 2018, and said its focus this year has been on healthcare real (...)

Office 19/07/2019

Cofinimmo calls €50m Brussels Souverain/Vorst office sale a milestone

Belgian REIT Cofinimmo, in what its CEO described as a milestone, has signed an agreement to sell the Souverain/Vorst 23-25 office buildings in Brussels for (...)

Listed 27/06/2019

Belgian Cofinimmo's second care homes buy for €148m takes acquisitions to €300m

In a second deal via payment in kind, Belgian Cofinimmo has added seven more domestic care homes worth €148.1m, taking total investment announced Wednesday to almost (...)

Listed 26/06/2019

Cofinimmo adds Belgian care homes worth €149m, keeps shares suspended

Brussels' listed Cofinimmo is adding eight domestic care homes worth €149m via payment in kind, and said it will keep shares suspended pending another announcement today. The (...)

Listed 28/06/2018

Belgian REIT Cofinimmo €155m rights issue 80% accepted

Belgian REIT Cofinimmo said its rights issue launched earlier this month to raise €155m in fresh capital has been accepted by 80.4% of qualifying shareholders. Rights (...)

Health / Senior 14/06/2018

Belgian REIT Cofinimmo pays €172m for 17 German care homes at 5.5%

Belgian REIT Cofinimmo said it has signed to acquire 17 German nursing and care homes for €172m in a deal done at an initial gross rental (...)

Finance 09/02/2018

Belgian REIT Cofinimmo 2017 net rises to €139m, appoints Hanin as new MD

Belgian REIT Cofinimmo, the nation's largest listed property company, raised net result by 3.6% to €139.1m in 2017 though the result per share climbed more (...)