At Cofinimmo we're continuing our
policy of participation in Public-Private Partnerships (PPPs).
These enable certain public services to be offered the necessary
funding for the construction of buildings, which must meet specific
We bear no construction risk in
this type of property investment. Nevertheless, Cofinimmo
supervises the work and also takes charge of the upkeep and
maintenance throughout the duration of the lease - at the end of
which the public authority has a purchase option.
Therefore, Cofinimmo doesn't
benefit from the perpetual ownership of these properties. Instead,
this remains with the local authorities.