Belgium
Cofinimmo launched its activities in healthcare real estate in Belgium in 2005 with the acquisition of nursing and care homes. Since then, the group has extended its portfolio which now amounts to approximately 1,642 million EUR (as at 30.09.2024) and consists of 88 operational sites, primarily nursing and care homes and assisted-living facilities. Cofinimmo participates in numerous innovative projects aiming at delivering comfortable and sustainable healthcare infrastructure, with a particular attention to quality of life of the residents.
Portfolio fair value
(million EUR)
1,642
Occupancy rate
(%)
100
Weighted average residual lease length (years)
17
Operational sites
88
Project in the spotlight
NURSING AND CARE HOME JUPRELLE
In 2021, Cofinimmo acquired a plot of land in Juprelle (province of Liège/Luik) where a 119-bed nursing and care home of approximately 7,000 m² is currently under construction within the framework of a turnkey project. The use of modern and sustainable materials as well as the latest techniques will help reduce the carbon footprint of this building considerably. With this development project, the company meets the growing demand in the region for additional and modern residential care capacity for dependent elderly people.