Cofinimmo — Share Issue/Capital Change 2019

Jun 26, 2019

REGULATED - INSIDE INFORMATION Brussels, 26.06.2019, for immediate distribution

Cofinimmo acquires eight Belgian nursing and care homes through contributions in kind

Cofinimmo signed an agreement regarding the acquisition of eight nursing and care homes in Belgium. This will be achieved through contributions in kind of the shares of a company on one hand, and by the contribution in kind of an asset on the other hand. The conventional value for the calculation of the share price and the value of the building together amount to approximately 149 million EUR.

The contributions in kind amount to 122,327,880 EUR. To this end, 1,183,737 new shares will be issued within the framework of the authorised capital, and will be transferred to the contributors. The new shares are spread over 11 contributors.

For all assets, triple net1 agreements with a weighted average residual lease term of 24 years were concluded. The initial gross yield is approximately 4.5 %, which is in line with the current market conditions and the quality of the nursing and care homes.

The trading in Cofinimmo shares was suspended earlier today in view of these contributions in kind and will only be resumed after the announcement of another transaction later today.

For more information:

Gunther De Backer Sébastien Berden Jean Kotarakos Head of External Communication & Investor Relations Tel.: +32 2 373 94 21 Tel.: +32 2 373 00 00 Tel.: +32 2 373 00 00 communication@cofinimmo.be

Chief Operating Officer Healthcare

Chief Financial Officer

¹ The insurance costs, taxes and maintenance expenses are borne by the operator.

REGULATED - INSIDE INFORMATION Brussels, 26.06.2019, for immediate distribution

PRESS RELEASE

About Cofinimmo:

Cofinimmo has been acquiring, developing and managing rental properties for over 35 years. The company has a portfolio spread across Belgium, France, the Netherlands and Germany, with a value of 4 billion EUR. With attention to social developments, Cofinimmo has the mission of making high-quality care, living and working environments available to its partners-tenants, from which users benefit directly. "Caring, Living and Working - Together in Real Estate" is the expression of this mission. Thanks to its expertise, Cofinimmo has built up a healthcare real estate portfolio of almost 2 billion EUR in Europe.

As an independent company that applies the highest standards of corporate governance and sustainability, Cofinimmo offers its tenants services and manages its portfolio through a team of over 130 employees in Brussels, Paris, Breda and Frankfurt.

Cofinimmo is listed on Euronext Brussels (BEL20) and benefits from the REIT system in Belgium (RREC), France (SIIC) and the Netherlands (FBI). Its activities are supervised by the Financial Services and Markets Authority (FSMA), the Belgian regulator.

On 31.05.2019, Cofinimmo's total market capitalisation stood at 2.6 billion EUR. The company applies an investment policy aimed at offering a socially responsible, long-term, low-risk investment that generates a regular, predictable and growing dividend.

www.cofinimmo.com

Follow us on: