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Cofinimmo SA (COFB.BR)

COFB.BR on Brussels Stock Exchange

111.60EUR
20 Jul 2018
Change (% chg)

€0.10 (+0.09%)
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€111.50
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€111.30
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€111.20
Volume
23,763
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39,358
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€111.90
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€101.49

Latest Key Developments (Source: Significant Developments)

Cofinimmo Pursues Its Investments In Healthcare Real Estate In The Netherlands
Friday, 20 Jul 2018 

July 20 (Reuters) - COFINIMMO SA ::COFINIMMO PURSUES ITS INVESTMENTS IN HEALTHCARE REAL ESTATE IN THE NETHERLANDS.COFINIMMO - SIGNED DEAL WITH FUNDIS FOR ACQUISITION OF A SITE LOCATED IN HILLEGERSBERG, WHICH COMPRISES A GERIATRIC REHABILITATION CENTRE.COFINIMMO - ACQUISITION OF THE ACTUAL SITE AND THE BUDGET OF THE WORKS REPRESENT A TOTAL AMOUNT OF 23 MILLION EUR.  Full Article

Cofinnimo Completes 155.2 Million Euros Rights Offering
Friday, 29 Jun 2018 

June 29 (Reuters) - COFINIMMO SA ::ANNOUNCED ON THURSDAY COMPLETION OF SCRIPS OFFERING.COMPLETION OF THE 155,204,343 EUR 1 FOR 13 PRIORITY ALLOCATION RIGHTS OFFERING OF 1,642,374 NEW SHARES.EXISTING AND NEW SHAREHOLDERS COMMIT THEMSELVES TO SUBSCRIBE TO 100 % OF THE PUBLIC OFFERING.SUBSCRIPTION PRICE OF 94.50 EUR.GROSS PROCEEDS OF PRIVATE PLACEMENT OF SCRIPS AMOUNT TO 33,299,262 EUR.NET PROCEEDS ALLOCATED TO HOLDERS OF UNEXERCISED PRIORITY ALLOCATION RIGHTS AMOUNTS TO 0.69 EUR PER UNEXERCISED RIGHT.DURING THE SCRIPS OFFERING, NEW SHARES WERE PLACED WITHOUT DISCOUNT, I.E. AT PRICE EQUAL TO CLOSING MARKET PRICE ON 27.06.2018 (103.50 EUR).PURSUANT TO THIS TRANSACTION, NUMBER OF SHARES OF COFINIMMO IN CIRCULATION WILL INCREASE TO 22,993,248.TRADING IN COFINIMMO SHARES ON EURONEXT BRUSSELS WILL RESUME AFTER PUBLICATION OF FINAL RESULTS OF SCRIPS PRIVATE PLACEMENT.GROSS PROCEEDS OF OPERATION OF 155,204,343 EUR WILL ENABLE COFINIMMO TO FINANCE UPDATED 2018 PIPELINE OF COMMITTED INVESTMENTS AND INVESTMENTS UNDER DUE DILIGENCE, WHILE MAINTAINING DEBT RATIO OF AROUND 45 %.BNP PARIBAS FORTIS AND ING BELGIUM ACTED AS JOINT GLOBAL COORDINATORS.JOINT BOOKRUNNERS: BNP PARIBAS FORTIS, ING BELGIUM, BANK DEGROOF PETERCAM, JOH.BERENBERG, GOSSLER & CO. KG, KBC SECURITIES AND SOCIÉTÉ GÉNÉRALE.  Full Article

Cofinimmo Closes 1st Stage Of Public Offering: 80.41 Pct New Shares Subscribed
Thursday, 28 Jun 2018 

June 28 (Reuters) - COFINIMMO SA ::FIRST STAGE OF PUBLIC OFFERING SUCCESSFULLY CLOSED: 80.41 % NEW SHARES SUBSCRIBED IN RIGHTS OFFERING.ANNOUNCES THAT IN RESPECT OF ITS PUBLIC OFFERING TO SUBSCRIBE TO A MAXIMUM OF 1,642,374 NEW SHARES AT A PRICE OF 94.50 EUR PER NEW SHARE.PRICE OF 94.50 EUR PER NEW SHARE.LAUNCH OF ACCELERATED PRIVATE PLACEMENT OF SCRIPS.THIS REPRESENTS A SUBSCRIPTION OF 80.41 % OF THE MAXIMUM OFFER AMOUNT OF 155,204,343 MILLION EUR..SUBSCRIPTION PERIOD WITH PRIORITY ALLOCATION RIGHTS CLOSED ON 27.06.2018.PAYMENT OF THE SUBSCRIPTION PRICE, THE SETTLEMENT OF THE CAPITAL INCREASE, THE LISTING AND THE START OF THE TRADING OF THE NEW SHARES ON EURONEXT BRUSSELS IS FORESEEN ON 02.07.2018.  Full Article

Cofinimmo: Xavier Denis Steps Down As COO And Executive Director
Thursday, 24 May 2018 

May 24 (Reuters) - COFINIMMO SA ::COFINIMMO AND XAVIER DENIS, COO AND EXECUTIVE DIRECTOR DECIDED TO END THEIR COLLABORATION.MR. DENIS’ MANDATE AS A DIRECTOR ENDED ON 21.05.2018 AND HIS MANDATE AS CHIEF OPERATING OFFICER WILL END ON 31.05.2018.JEAN-PIERRE HANIN, CHIEF EXECUTIVE OFFICER, WILL TEMPORARILY OVERSEE COFINIMMO’S OPERATIONAL TEAMS AND ACTIVITIES AS FROM 31.05.2018.  Full Article

Cofinimmo Q1 Rental Income Stable At 52.7 Million Euros
Tuesday, 24 Apr 2018 

April 24 (Reuters) - COFINIMMO SA ::APPOINTMENT OF MR JEAN-PIERRE HANIN AS CHIEF EXECUTIVE OFFICER AS OF 09.05.2018.APPOINTMENT OF MR JEAN KOTARAKOS AS CHIEF FINANCIAL OFFICER AS OF 09.07.2018 AT THE LATEST.OCCUPANCY RATE AT END Q1 94.3 PERCENT VERSUS 94.6 PERCENT AT END-DECEMBER.Q1 NET RESULT FROM CORE ACTIVITIES - GROUP SHARE: 1.47 EUR/SHARE (COMPARED TO 1.44 EUR AS AT 31.03.2017).Q1 NET RESULT - GROUP SHARE: 3.09 EUR PER SHARE (COMPARED TO 1.77 EUR AS AT 31.03.2017).Q1 RENTAL INCOME NET OF RENTAL-RELATED EXPENSES EUR 52.7 MILLION VERSUS EUR 52.3 MILLION YEAR AGO.  Full Article

Cofinimmo Appointed Jean Kotarakos As Future Chief Financial Officer
Thursday, 29 Mar 2018 

March 29 (Reuters) - COFINIMMO SA ::APPOINTED MR. JEAN KOTARAKOS AS FUTURE CHIEF FINANCIAL OFFICER OF CO.WILL JOIN COFINIMMO ON 09.07.2018 AT THE VERY LATEST.  Full Article

Cofinimmo Acquires Two Nursing And Care Homes In Germany For 26.5 Million Euros
Wednesday, 13 Dec 2017 

Dec 13 (Reuters) - COFINIMMO SA ::ACQUISITION OF TWO NURSING AND CARE HOMES IN GERMANY FOR 26.5 MILLION EUR.ACQUIRED THE ‘GELSENKIRCHEN BISMARCKPARK’ NURSING AND CARE HOME, LOCATED IN GELSENKIRCHEN,.COFINIMMO AND THE OPERATOR WILL EACH FINANCE PART OF THE REFURBISHMENT WORKS.ACQUIRED THE ‘GELSENKIRCHEN BISMARCKPARK’ NURSING AND CARE HOME, FOR 11.4 MILLION EUR.SIGNED AGREEMENT FOR ACQUISITION OF ‘AZURIT SENIORENZENTRUM RIESA’ NURSING AND CARE HOME, CURRENTLY UNDER CONSTRUCTION.BISMARCKPARK REFURBISHMENT BUDGET ESTIMATED AT 1.0 MILLION EUR.‘AZURIT SENIORENZENTRUM RIESA’ NURSING AND CARE HOME IS LOCATED IN THE TOWN OF RIESA,.GROUP'S INVESTMENTS AND COMMITMENTS IN HEALTHCARE REAL ESTATE NOW TOTAL 94.5 MILLION EUR IN 2017.DELIVERY OF AZURIT SENIORENZENTRUM RIESA’ NURSING AND CARE HOME IS EXPECTED DURING THE SECOND QUARTER OF 2018.AZURIT ACQUISITION INVESTMENT VALUE OF 15.1 MILLION EUR, INITIAL GROSS RENTAL YIELD WILL AMOUNT TO 5.7 %.  Full Article

Cofinimmo Q3 net result from core activities (group share) up at 4.91 eur per share
Thursday, 9 Nov 2017 

Nov 9 (Reuters) - COFINIMMO SA ::Q3 NET RESULT FROM CORE ACTIVITIES – GROUP SHARE*: 4.91 EUR PER SHARE (COMPARED TO 4.69 EUR AT 30.09.2016) ‍​.CONFIRMATION OF THE FORECAST FOR THE NET RESULT FROM CORE ACTIVITIES – GROUP SHARE FOR 2017: 6.49 EUR PER SHARE‍​.CONFIRMATION OF THE FORECAST FOR THE GROSS DIVIDEND FOR THE FINANCIAL YEAR 2017, PAYABLE IN 2018: 5.50 EUR PER ORDINARY SHARE.Q3 NET RESULT - GROUP SHARE: 4.50 EUR PER SHARE (COMPARED TO 3.47 EUR AT 30.09.2016) ‍​.Q3 GROSS RENTAL REVENUES UP BY 2.2 % COMPARED TO 30.09.2016 (-0.2 % ON A LIKE-FOR-LIKE BASIS*) ‍​.Q3 STABLE OCCUPANCY RATE: 94.6 %‍​.  Full Article

New acquisition in Germany for Cofinimmo
Monday, 19 Jun 2017 

June 19 (Reuters) - COFINIMMO SA ::NEW ACQUISITION IN GERMANY FOR COFINIMMO.ACQUIRES CHRISTINENHOF RESIDENCE IN LÜNEBURG (LOWER SAXONY) FOR 12.6 MILLION EUR.HAS AMBITION TO BRING TO 50 % SHARE OF HEALTHCARE REAL ESTATE SEGMENT IN GLOBAL PORTFOLIO BY END OF 2019.  Full Article

Cofinimmo reports results of the public tender offer
Friday, 16 Sep 2016 

Cofinimmo SA : Results of the public tender offer for its outstanding 2.00% 190.8 million euros ($212.88 million) convertible bond due 2018 . This represents approximately 4.1% in outstanding nominal amount of the convertible bonds due 2018 . Cash repurchase price for the public tender offer will be equal to 131.43 euros per convertible bond due 2018 . Total principal amount of the convertible bonds due 2018 to be repurchased via the public tender offer is equal to 7.8 million euros .Settlement of the public tender offer will take place on Sept. 22, 2016.  Full Article

French and Benelux stocks-Factors to watch

July 16 Below are company-related news and stories from French and Benelux media which could have an impact on the region's markets or individual stocks.