Development

Cofinimmo carries out large and
middle-scale renovations of our properties with a view to letting
and maintaining them in our portfolio over the long term. This
means we can offer our customers high quality properties of durable
construction, whilst keeping down maintenance costs.
Major projects in progress
include:
1. Nursing homes
Cofinimmo continously conducts
(re)development projects within the healtcare sector allowing to
assist the operators in their expansion. In 2012, the major
construction/renovation works carried out in the homes were Suzanna
Wesley(Brussels), Noordduin(Coxyde), Lucie Lambert (Halle), Brise
d'Automne & Chêne (Ransart), la Quiétude / Les VII Voyes
(Dédrin), De Mouterij (Alost), Solva (Alost), les Jours Heureux
(Lodelinsart), Zonnetij (Aartselaar) and Vishay(Brussels). Several
construction and renovation works are already planned for 2013.
2. Offices
Tervuren 270-272, Brussels
Middle-scale renovation
significantly improving the energy performance of this
building.

Livingstone I-II, Brussels
Cofinimmo will renovate this
35,000m² building site comprehensively in 2012 to convert it into a
mixed project (residential/offices). For the residential part
(Livingstone I, 16,000m²) Cofinimmo endeavours to obtain K-level 30
and E-level 60. The functional structure of the property, its
energy performance and environmental targets led this project to
the nomination in the competition for 'the conversion of inoccupied
offices into residential properties' organised by the Region of
Brussels.

Woluwe 34, Brussels
Cofinimmo had decided to carry out the complete renovation of
the Woluwe 34 office building, located on Bd de la Woluwe in
Brussels. The office building will be reconverted into appartments,
leaving the option of creating retail outlets and limited office
space on the ground floor. Delivery is scheduled for Q3 2014.

3. Public-Private Partnerships
Prison, Leuze-en-Hainaut
Cofinimmo is part of the consortium
Future Prisons which will build the new prison in Leuze-en-Hainaut
(expected delivery date at the end of 2013). The consortium aims
BREEAM 'Excellent' rating.

Student residence,
Brussels
Cofinimmo has undertaken to carry
out major renovation works on a student residence located in
Brussels and rented to the Université Libre de Bruxelles (Brussels
university) for 27 years. Delivery is scheduled for Q3 2013.

4. Future development projects
Science 15-17, Brussels
Cofinimmo has decided to completely
redevelop this property. The company has opted for a mixed project
in order to make it a flagship property in the rue Belliard.
Objectives amongst others are obtaining a 'Very Good' BREEAM
certificate and participating with this project in the IBGE contest
'Exemplary Building 2011'.
