Business Immo, the real estate website

Jean-Pierre Hanin

Retail 07/11/2023

Cofinimmo finalises the sale of a portfolio of Maaf branches for €111m

In September 2021, Cofinimmo announced the sale of its French "Cofinimur I" portfolio, which consisted of 265 insurance branches leased to the Maaf group. (...)

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 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 08/02/2019

Belgian Cofinimmo boosts net core profit to €145m in 2018

Belgian REIT Cofinimmo increased net profit from core activities to €145m group share in 2018 from €139m in 2017, and said it invested at three times (...)

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 (...)