Our history
Founded in 1983, Cofinimmo was originally an investor in office buildings. Attentive to demographic trends, Cofinimmo shifted in 2005 towards healthcare real estate, diversifying by country, operator, and care specialty.
At the end of 2007, Cofinimmo acquired the entire portfolio of cafes/restaurants in Belgium and the Netherlands, previously owned by Immobrew SA, a subsidiary of AB InBev, and renamed Pubstone SA.
In December 2011, Cofinimmo acquired a portfolio of insurance agencies in France, leased to the MAAF group, a subsidiary of the French insurance group Covéa. This portfolio was acquired by Cofinimur I, a new subsidiary of Cofinimmo.
In November 2023, Cofinimmo completed the large-scale disposal of this portfolio, which at that time comprised 265 assets.
Today, the company owns assets in Belgium, France, the Netherlands, Germany, Spain, Finland, Ireland, Italy, and the United Kingdom. Healthcare assets represent 77% of the Group's consolidated portfolio.
2024
77% of the Group's consolidated portfolio invested in healthcare real estate. Listed in the 500 World's Most Sustainable Companies 2024 by Time, and one of the two Belgian real estate companies in this ranking. Only real estate player, among 10 Belgian companies, listed in the 600 Europe’s Climate Leaders 2024 by Financial Times. Granted the Impact Award 2024 from the Belgian business magazine Trends in the Climate & Energy category
2023
40th anniversary of the Group on 29.12.2023. 75% of the Group's consolidated portfolio invested in healthcare real estate. Inclusion in the new Euronext BEL ESG index and the Financial Times 500 Europe’s Climate Leaders list. Completion of the disposal of the Cofinimur I portfolio (property of distribution networks)
2022
70% of the Group's consolidated portfolio invested in healthcare real estate. Issuance of a second 500 million EUR benchmark sustainable bond
2021
Expansion into Ireland, Italy, and the United Kingdom in the healthcare real estate sector. Contribution of the office portfolio into a subsidiary. Partial disposal of the Cofinimur I portfolio (property of distribution networks)
2020
Expansion into Finland in the healthcare real estate sector. Launch of the 30³ project aimed at reducing energy intensity by 30% by 2030 compared to 2017 levels. Capital increases of nearly 143 million EUR. Issuance of a first 500 million EUR benchmark sustainable bond. 59% of the Group's consolidated portfolio inveted in healthcare real estate
2019
Expansion into Spain in the healthcare real estate sector. More than 56% of the Group's consolidated portfolio invested in healthcare real estate
2018
Capital increase of 155 million EUR. 50% of the Group's consolidated portfolio invested in healthcare real estate. Start of portfolio rebalancing towards the CBD
2016
Inaugural issuance of 'Green & Social Bonds'. Opening of first Flex Corner and The Lounge sites
2015
Capital increase with preferential subscription rights for an amount of 285 million EUR
2014
Expansion into Germany in the healthcare real estate sector. Adoption of the REIT (SIR) status in Belgium
2012
Expansion into the Netherlands in the healthcare real estate sector. Adoption of FBI status (Dutch REIT regime)
2011
Acquisition of a second portfolio of distribution network real estate (sale & leaseback with MAAF)
2008
Expansion into France in the healthcare real estate sector. Adoption of SIIC status (French REIT regime)
2007
Acquisition of a first portfolio of distribution network real estate (sale & leaseback with AB InBev)
2005
Diversification of the portfolio. First investment in healthcare real estate in Belgium. First public-private partnership: the Antwerp Courthouse
1996
Adoption of SICAFI status in Belgium (Belgian REIT regime)
1994
Listing on the Brussels Stock Exchange, now Euronext
1983
Creation