Public-Private Partnerships
Portfolio
Cofinimmo contributes to the renovation and improvement of real estate in Belgium via Public-Private Partnerships (PPP). It pursues its policy of participating in PPP by offering public authorities the required financing to renovate or build specific buildings, along with maintenance guarantees.
Cofinimmo’s PPP portfolio comprises several specific assets in operation: a courthouse, a fire station, two police stations, student housing and a prison.
PPP characteristics
- Public contracts
- Long-term leases with generally a purchase option
- Cofinimmo bears no construction risk
- Cofinimmo is responsible for the upkeep and maintenance until the end of the lease