Background Image
Previous Page  19 / 222 Next Page
Information
Show Menu
Previous Page 19 / 222 Next Page
Page Background

Balance sheet

optimisation

Cofinimmo’s investment capacity is based on its ability to raise new

equity and on its borrowing capacity, in order to finance investments

which increase the company’s results.

It is therefore important for the Group to have regular access to the cap-

ital markets, both bond and stock markets, in order to ensure the liquidity

of its funding sources and to allow the optimisation of their cost.

Property of distribution

networks and Public-

Private Partnerships (PPP)

These types of investments are made as opportunities arise but nevertheless offer

considerable advantages for the Group in terms of long-term income and yield.

In relation to

property of distribution networks

, Cofinimmo invests in buildings used by

companies as networks of direct sales points of products or services to their clients.

The Group currently has two portfolios of distribution networks: Pubstone (AB InBev

cafés/restaurants) and Cofinimur I (MAAF and GMF insurance agencies), with a single

tenant in each case.

Through

Public-Private Partnerships

, Cofinimmo also plays a role in the renovation and

improvement of public and non-profit properties in Belgium. It owns several specific buildings

such as a courthouse, a fire station and a prison let to the public authorities for very long

periods.

A diversified portfolio

A geographical distribution over

several countries

Stable rental yields

+

+

+

A long maturity

of leases

A moderate risk profile

+

+

15