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8.0%
16.0%
2.1%
73.9%
0.8%
17.2%
39.6%
42.4%
Breakdown of the portfolio
Healthcare real estate represents 42.4%of the portfolio, and offices
represent 39.6%. Property of distribution networks, including the
Pubstone portfolio (pubs/restaurants let to AB InBev) and the
Cofinimur I portfolio (insurance agencies let to MAAF) account for 17.2%
of the portfolio. The other business sectors (0.8%) are not significant
1
.
The vast majority of the portfolio is located within the Belgian territory
(73.9%).
The buildings located abroad are:
•
in France (16.0%): healthcare real estate and the network of
insurance branches;
•
in the Netherlands (8.0%): the Dutch Pubstone portfolio and
healthcare real estate;
•
in Germany (2.1%): healthcare real estate.
One of the main characteristics of Regulated Real Estate Companies
(RREC) lies in the diversification of risk. Cofinimmo’s portfolio offers a
balanced distribution. The largest building represents only 2.7% of the
consolidated portfolio in value.
“WITH A PORTFOLIO OF
1,328.3 MILLION EUR
AT 31.12.2015,
HEALTHCARE REAL
ESTATE HAS BECOME
THE NUMBER 1
SEGMENT OF THE
GROUP’S PORTFOLIO.”
Relative importance of the main buildings - in fair value (in%)
SOUVERAIN 23-25
2.7%
EGMONT I
2.6%
BOURGET 42
1.6%
GEORGIN 2
1.5%
ALBERT I
er
4 - CHARLEROI
1.4%
THE GRADIENT (formerly Tervuren 270-272)
1.3%
DAMIAAN - TREMELO
1.2%
SOMBRE 56 - BRUXELLES
1.2%
SERENITAS
1.2%
COCKX 8-10
1.1%
Other
84.2%
TOTAL
100%
1
The breakdown of the portfolio is expressed in fair value.
2
For the company Cofinimmo SA/NV alone, the breakdown is: Offices 59.0%, Healthcare real estate 39.7%, and Other 1.3%.
3
For the company Cofinimmo SA/NV alone, the breakdown is: Belgium 95.3% and France 4.7%.
Breakdown by purpose in fair value
2
(in %)
Geographic breakdown in fair value
3
(in %)
Netherlands
France
Germany
Belgium
43.7%
Brussels and
periphery
23.1%
Flemish region
7.1%
Walloon region
Other
Property of
distribution
networks
Offices
Healthcare
real estate
34
Management report /
TOTAL PORTFOLIO