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Cofinimmo — Regulatory Filings 2013
Jun 19, 2013
3933_iss_2013-06-19_114b0290-bab0-4db6-8b3d-734dac94a912.pdf
Regulatory Filings
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REGULATED INFORMATION
Brussels, embargo until 19.06.2013, 04:00 PM CET
COFINIMMO NOTIFIED OF AXA'S DEPARTURE FROM ITS HEADQUARTERS AT BOULEVARD DU SOUVERAIN, BRUSSELS, IN 2017
Cofinimmo has been notified of Axa's decision to vacate its headquarters at Boulevard du Souverain 23-25 in 1170 Brussels at the end of the current lease, i.e. on 02.08.2017.
The site, which covers 11 ha, is comprised of two buildings with a total above-ground surface close to 57.000m². The passing rent of the existing lease represents 5.1% of Cofinimmo's total gross rental revenues.
Cofinimmo will take advantage of Axa's early decision to reposition the site optimally taking into account its intrinsic qualities. The site has green spaces in a high-quality environment and benefits from public transportation links which will be further improved by 2017. The Group is notably considering to apply for an authorisation to reconvert part of the surfaces into residential real estate after 2017.
Cofinimmo's teams have recognized experience in the repositioning of projects, allowing to look forward to this project with confidence.
For more information:
Valerie Kibieta Chloé Dungelhoeff Tel.: +32 2 373 60 36 Tel.: +32 2 777 08 77 Ellen Grauls Tel.: +32 2 373 94 21 [email protected]
Financial Communication Corporate Communication [email protected] [email protected]
PRESS RELEASE
REGULATED INFORMATION
Brussels, embargo until 19.06.2013, 04:00 PM CET
About Cofinimmo:
Cofinimmo is the foremost listed Belgian real estate company specialising in rental property. The company owns a property portfolio worth over €3.3 billion, representing a total area of 1,860,00m². Its main investment segments are offices and healthcare properties, and property of distribution networks. Cofinimmo is an independent company, which manages its properties in-house. It is listed on Euronext Brussels (BEL20) and benefits from the fiscal REIT regime in Belgium (Sicafi/Bevak), in France (SIIC) and in the Netherlands (FBI). Its activities are controlled by the Financial Services and Markets Authority (FSMA). At 31.03.2013, its total market capitalisation stands at €1.5 billion.
www.cofinimmo.com
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