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Cofinimmo SA (COFB.BR)

COFB.BR on Brussels Stock Exchange

108.40EUR
26 Apr 2018
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Latest Key Developments (Source: Significant Developments)

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

Cofinimmo launches offering of convertible bonds and repurchase of convertible bonds
Tuesday, 6 Sep 2016 

Cofinimmo SA : Launches an offering of convertible bonds of up to about 220 million euros ($245.21 million) and the repurchase of its outstanding 190.8 million euro 2.00 pct convertible bonds due 2018 . Private placement of convertible bonds due 2021 followed by a public offer in Belgium limited to existing shareholders .Initial amount of the offering will be approximately 150 million euros; The final size of the offering will be up to approximately 220 million euros.  Full Article

Cofinimmo acquires 4 buildings in Brussels
Monday, 8 Aug 2016 

Cofinimmo SA : Says acquired on Aug. 1 medical office building Oranjeplein, in Goirle, the Netherlands - investment amounts to 4.5 million euros ($5.0 million) .Acquired on Aug. 5 shares of four companies, each owner of an office building in Brussels - transaction values the buildings at 57.9 million euros.  Full Article

Cofinimmo H1 result on the portfolio: 0.58 euros per share
Thursday, 28 Jul 2016 

Cofinimmo SA : H1 net current result (excluding IAS 39 impact) - group share: 2.86 euros ($3.17) per share (compared to 3.35 euros at June 30, 2015) . H1 result on the portfolio: 0.58 euros per share (compared to -0.38 euro at June 30, 2015) . H1 net result - group share: 1.65 euro per share (compared to 3.04 euro at June 30, 2015) . Confirmation of the gross dividend forecast for the 2016 financial year, payable in 2017: 5.50 euros per ordinary share .Forecast confirmation of the net current result (excluding IAS 39 impact) – group share for the 2016 financial year : 6.19 euros per share.  Full Article

Cofinimmo acquires nursing home in Germany
Monday, 25 Jul 2016 

Cofinimmo SA : Recently signed new commitments for 25 million euros ($27.44 million) in healthcare real estate, the segment that ranks first in its portfolio . On July 22, the Cofinimmo group acquired the Seniorenresidenz Calau, a nursing home in Germany, located in Calau, in the Brandenburg region . A ‘double net’ lease contract was signed for a fixed period of 25 years, with a five-year extension option .The investment value stands at 9.1 million euros and the gross initial rental yield at 6.14 pct.  Full Article

BRIEF-Cofinimmo Q1 Rental Income Stable At 52.7 Million Euros

* APPOINTMENT OF MR JEAN-PIERRE HANIN AS CHIEF EXECUTIVE OFFICER AS OF 09.05.2018