Cofinimmo

Cofinimmo Offices SA/NV, a wholly-owned subsidiary of Cofinimmo, completed the sale of the office building located rue du Luxembourg/Luxemburgstraat 40 in the Brussels’ Central Business District (CBD). The sale price is in line with the latest fair value (as at 30.09.2024), as determined by Cofinimmo Offices’ independent real estate valuer. Read more in our press release 👉 EN: https://ow.ly/xNrG50TVy4A NL: https://ow.ly/hInR50TVy4B FR: https://ow.ly/M5yL50TVy4z #Cofinimmo #TogetherInRealEstate #PressRelease

Cofinimmo's Q3 2024 results are out. Highlights: Strong results allowing to target EPRA Earnings Per Share* of more than 6.40 EUR per share for 2024. As Jean-Pierre Hanin, CEO of Cofinimmo, points out: “Cofinimmo, now included not only by Bloomberg but also by EPRA (European Public Real Estate Association) in the healthcare sector, delivers robust results. Since Covid, the focus has been directed on the solidity of real estate companies' balance sheets. Thanks to the quality of our assets and our active portfolio management, we have managed to keep our debt-to-assets ratio below 45%, while pursuing our investments in healthcare real estate (approximately 2.5 billion EUR since the end of 2019). Our net office seller strategy, coupled with a recentring on the CBD, is in line with the markets' new take on the office segment and secures its future liquidity for reinvesting in healthcare real estate. Property valuations in the 3rd quarter seem to indicate a forthcoming return to stability, which opens up a period of new growth opportunities. Based on our operating performance over the first nine months, we are targeting EPRA EPS of more than 6.40 EUR per share for 2024 and a dividend of 6.20 EUR per share. Finally, I would like to thank the Cofinimmo teams for their achievements in terms of sustainability, which were recently rewarded with an Impact Award 2024 in the Climate & Energy category, granted by the Belgian business magazine Trends Kanaal Z and Trends Canal Z.” Read the full report 👉 EN: https://ow.ly/WUQv50TSMY9 FR: https://ow.ly/KllB50TSMY8 NL: https://ow.ly/P8f250TSMYa #cofinimmo #togetherinrealestate #investorrelations #financialresults

We are very proud to announce that Cofinimmo has won the Trends Impact Award 2024 in the category ‘Energy & Climate’. We would like to thank the expert corporate jury and the professionals of PwC Belgium and the University of Antwerp for choosing us as a winner from a select group of sustainability pioneers. This is a significant recognition from the corporate, academic, and journalistic worlds. Jean-Pierre Hanin, CEO of Cofinimmo, comments on this distinction: “In these challenging times for the real estate sector in general, we are delighted to be able to distinguish ourselves and to see the efforts made over several years by all the Cofinimmo teams rewarded. Climate and energy are at the heart of any sustainability strategy. At Cofinimmo, we strive to be as pragmatic as possible, i.e. to measure energy performance, to be in constant dialogue with our tenant and developer partners, and to have concrete plans for achieving new targets. We firmly believe that success results from the interdependence of the three fundamentals of People, Profit and Planet.” Congratulations to Hanna De Groote, our Head of Sustainability and her team, as well as all the other winners and the organisers for the nice event. For more information, read the articles published today in Trends Canal Z & Trends Kanaal Z 👉 NL: https://ow.ly/FJBk50TSisk 👉 FR: https://ow.ly/3Llg50TSisl #Cofinimmo #TogetherInRealEstate #Sustainability #TrendsImpactAwards

At Cofinimmo, we believe human capital represents a decisive competitive advantage. This is why, we promote each employee’s professional and personal development through an extensive learning plan. This plan combines workplace learning with more traditional forms of classroom-based learning and social learning, such as coaching and mentoring. These learning opportunities are available for employees to reach their full potential. The 'Energise Performance' programme, launched this year, is one of the many initiatives being taken to fulfill this important mission. #Cofinimmo #TogetherInRealEstate #GreatPlaceToWork #InvestorInPeople

Another meaningful Volunteering Day at Cofinimmo Some of our colleagues recently partnered with Accolage on their Volunteering Day to bring smiles and flowers to our community. 🌼 Accolage is a Brussels-based non-profit organisation which fosters local mutual aid, strengthens neighbourhood bonds, and supports the elderly and vulnerable, promoting their independence and self-esteem. The increase in life expectancy (ageing) means many older people will become vulnerable. In Brussels, 51,000 elderly people at high risk of vulnerability live alone and have little or no network. This number will increase considerably in the coming years. Thank you to the Accolage volunteers and our colleagues for taking the time to make a difference. Your commitment helps build a more connected and caring society! 🤝✨ #Cofinimmo #TogetherInRealEstate #GivingBack #VolunteeringDay #Accolage

  💥 Event wrap-up: Unlocking opportunities in senior living and care sector 💥 💡 This morning, our COO Yeliz Bicici MRICS delivered an insightful session during the Senior Housing & Healthcare Association (SHHA) panel at EXPO REAL (Messe München), focusing on the senior housing and healthcare sector. In a dynamic real estate market, staying ahead of trends and diversifying portfolios are crucial for long-term success. Yeliz highlighted the potential of the sector, driven by demographic shifts and growing demand from the ageing baby-boomer generation. 📝 Key takeaways from the session included: ☑ Steady market demand: the growing needs of an ageing population ensure consistent demand. ☑ Economic resilience: this asset class offers stability even in fluctuating markets. ☑ Social impact: investing in senior housing and healthcare not only enhances portfolios but also contributes to societal well-being. The event was a fantastic opportunity for Cofinimmo to engage with thought leaders and connect with professionals shaping the future of this vital sector. Special thanks to Ron van Bloois, Sylwia Ziemacka, Richard Betts and Real Asset Media for the perfect organisation. #SeniorLiving #SeniorCare #SeniorHousing #TogetherInRealEstate #ExpoReal #Purpose #Sustainability

Today, Cofinimmo hosted a new ESG Academy session. The topic of the day was how can we increase the water efficiency of our portfolio? Gregoire de Hemptinne from Shayp gave us an inspirational lecture on smart water management, leak detection and waste reduction. He introduces the real-time water flow analytics and non-invasive technology developed by his company to help reduce and prevent customer-side leakages. This technology allows building operators to eradicate leakages and track water consumption remotely and effortlessly, resulting ultimately in cost savings on the water usage Thank you to Grégoire de Hemptinne for the insightful exchanges and for taking the time to share his expertise with our teams. #Cofinimmo #TogetherInRealEstate #ESG #ESGAcademy

Today, Jean-Pierre Hanin (CEO), Jean Kotarakos (CFO) and Lynn Nachtergaele (Head of Investor Relations) will attend Degroof Petercam’s Real Estate Conference 2024. During this event, which will take place at the Radisson Collection Hotel Grand Place Brussels, they will meet with approximately 40 existing and potential investors to discuss the group's achievements and prospects. #Cofinimmo #TogetherInRealeEstate #InvestorRelation #DegroofPetercam

Cofinimmo is pleased to announce the appointment of Dr. Malte Maurer as the new Business Unit Manager in Germany, effective from October 1, 2024. Dr. Maurer will lead Cofinimmo Dienstleistungs-GmbH, a subsidiary established in 2018, and will support the expansion of our German healthcare portfolio, in line with Cofinimmo’s strategy. Dr. Maurer brings 16 years of experience in the healthcare real estate sector, having held various management positions and successfully establishing an independent business unit with a dedicated technical division. His profound expertise in transaction management and project development will undoubtedly be a tremendous asset to our team. We look forward to his contributions and the continued growth of Cofinimmo in the German market. Welcome, Dr. Malte Maurer! Read the full report 👉 EN: https://lnkd.in/eAvU5ytE FR: https://lnkd.in/ezegsjW5 NL: https://lnkd.in/exF2-bfh DE : https://lnkd.in/edJ4N97V #Cofinimmo #TogetherinRealEstate

🙌 Run to Kick – take 3 – we did it again 🙌 This year, and for the third time in a row, Cofinimmo joined forces with A&O Shearman Belgium to collect as many funds as possible for KickCancer. More than 80 participants – colleagues, kids and friends – gathered under our flag and gave a big sweat for the cause. In total, 3,200 participants took on the challenge of walking or running 2, 5 or 10 km in the Bois de la Cambre/Ter Kamerenbos in Brussels and broke last year's record with nearly 2 million EUR collected. A major achievement celebrated by this year's event godfathers Angèle and Niels Destadtsbader as well as Olivia and Kevin Borlée who came to support this meaningful initiative. A big thank you to all participants for their generosity and enthusiasm. We look forward to putting our walking/running shoes next year for a new record! #Cofinimmo #TogetherInRealEstate #RunToKick2024 #GivingBack