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Cofinimmo — Regulatory Filings 2014
Apr 16, 2014
3933_iss_2014-04-16_fa752713-9fd1-45da-88b9-59986c4a7205.pdf
Regulatory Filings
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PRESS RELEASE
REGULATED INFORMATION
Brussels, embargo until 16.04.2014, 17:40 CET
DISPOSAL OF THE MONTOYER 14 BUILDING, LOCATED IN THE EUROPEAN DISTRICT, FOR AN AMOUNT OF €13 MILLION
Cofinimmo announces today the closing of an agreement concerning the disposal of a long lease on the Montoyer 14 building, for a period of 99 years. The disposal amounts to €13 million, which is above the last investment value of the expert at 31.12.2013.
The building is located rue Montoyer 14 in 1000 Brussels, in the European district. It is currently 100% rented to prime tenants. The long-term leaseholder is an investment company acting for several institutional investors.
Xavier Denis, Cofinimmo Chief Operating Officer: « Cofinimmo is pleased with this transaction, which allows the company to pursue its strategy of active portfolio management. »
For more information:
Valerie Kibieta Ellen Grauls Head of External Communication and Investor Relations Officer Investor Relations Tel.: +32 2 373 94 21 Tel.: +32 2 373 60 36 [email protected] [email protected]
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 1,840,00m². 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 31.03.2014, its total market capitalisation stands at €1.5 billion.