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Cofinimmo — Board/Management Information 2018
May 24, 2018
3933_iss_2018-05-24_dc085e5f-8ef4-4ec1-8ea2-fffd039e9e6a.pdf
Board/Management Information
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PRESS RELEASE
REGULATED INFORMATION Brussels, embargo until 24.05.2018, 05:40 PM CET
Management changes within Cofinimmo
Cofinimmo and Mr. Xavier Denis, Chief Operating Officer and Executive Director of the Group, have decided by common consent 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.
As a reminder, Xavier Denis (45 years old) joined Cofinimmo in 2002, first as Head of Project Development & Area Manager, then as Chief Operating Officer. The Board of Directors warmly thanks him for his contribution to the development of the Group.
Jean-Pierre Hanin, Chief Executive Officer, will temporarily oversee Cofinimmo's operational teams and activities as from 31.05.2018.
For more information:
Ellen Grauls Benoît Mathieu Head of External Communication & Investor Relations Officer Investor Relations Tel.: +32 2 373 60 42 Tel.: +32 2 373 94 21 [email protected] [email protected]
About Cofinimmo:
Founded in 1983, Cofinimmo is today the foremost listed Belgian real estate company specialising in rental property, and an important player in the European market.
The company owns a diversified property portfolio spread over Belgium, France, the Netherlands and Germany worth 3.4 billion EUR, accounting for a total surface area of over 1,786,000 m². Riding on demographic trends, its main investment segments are healthcare properties (47 %), offices (36 %) and distribution networks (17 %). As an independent company that consistently applies the highest corporate governance and sustainability standards, Cofinimmo offers services to its tenants and manages its properties through a team of over 130 people operating from Brussels, Paris and Breda.
Cofinimmo is listed on Euronext Brussels (BEL20) and benefits from the REIT tax regime in Belgium (RREC), in France (SIIC) and in the Netherlands (FBI). Its activities are supervised by the Financial Services and Markets Authority, the Belgian regulator.
As at 31.03.2018, Cofinimmo's total market capitalisation stood at 2.3 billion EUR. The company pursues investment policies which seek to offer a high dividend yield and capital protection over the long term, targeting both institutional and private investors.
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