Banimmo SA

Capital/Financing Update • Feb 11, 2015

PRESS RELEASE

Regulated information 11 February 2015: 5:45 p.m.

Banimmo successfully completes the private placement of bonds for a total amount of € 44 million with a term of 5 years

Banimmo has closed yesterday the private placement of bonds for a total amount of € 44 million. The bonds, with a term of 5 years, will expire on February 19, 2020 and will generate an annual gross return of 4.25%.

They have an issue price of € 100,000 and were placed in 24 hours with institutional investors and private banking institutions. De bonds will be listed on Alternext Brussels. ING and KBC acted as bookrunner for this transaction.

The net proceeds of the issue will on the one hand be used to reimburse the outstanding bonds issued in 2010 and maturing in June 2015 (gross coupon of 5.15%) and on the other hand to finance current projects.

This issuance allows Banimmo to diversify its financing means and to increase the average duration of its total financial debt.

With the exception of one bilateral loan for which negotiations are being finalized , all financings maturing in 2015 have already been refinanced.

For more information, please contact:

Banimmo	Christian Terlinden	Cedric De Laet
Lenneke Marelaan 8 1932 Zaventem	CEO Tel.: +32 2 710 53 11	CFO Tel.: +32 2 710 53 11
www.banimmo.be	christian.terlinden@banimmo.be	cedric.delaet@banimmo.be

About Banimmo

Banimmo stands out as a specialized player capable of producing or transforming a real estate asset meeting the requirements and the highest standards of institutional investors, as well as developing built-to-suit projects meeting the occupants needs. This competence is applicable to both the office building sector and the retail segment or niche segments (hotels, nursing homes and so on).

The company has 30 employees. At the end of June 2014, the real estate portfolio had a total value of €355.5 million. Belgium represents the predominant market, with 73.2% of the portfolio in terms of market value, with France representing 26.8%. The portfolio is continually evolving thanks to the ongoing repositioning and to the high rotation of the assets. Banimmo is listed on Euronext Brussels. Currently the company is held by the SIIC Affine (49.51%) and the management (23.28%). The remainder (27.21%) is in public hands.