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Foncière ATLAND REIM
1
is in charge of the asset and property
management of the entire portfolio on behalf of the acquisition
structure held jointly by Cofinimmo SA/NV and Foncière ATLAND.
Breakdown by rent - by country (in %)
Average residual lease length (in number of years)
0
5
10
15
20
0%
15% 30% 45% 60%
15.8
52.1%
14.0
27.3%
7.1
20.6%
Pubstone
Cofinimur I
TOTAL
Pubstone Belgium
Cofinimur I France
Pubstone
Netherlands
1
REIM: Real Estate Investment Management.
Cofinimmo also invests in buildings used by
companies as networks of selling points for the
direct sale of products or services to their clients.
In order to finance part of the acquisition of the MAAF branches,
Cofinimur I issued Mandatory Convertible Bonds (MCB) for a total
amount of €52.0 million. The conditions attached to these MCB are
described on page 48 of the 2011 Annual Financial Report.
Café des Arts, Bruges (BE)
Café de la Gare, Leuven (BE)
63