Our history
Founded in 1983, Cofinimmo was originally an investor in office real estate. In 2005, riding on demographic trends, Cofinimmo moved into healthcare real estate with a diversification in terms of country, operator and medical speciality.
At the end of 2007, Cofinimmo acquired an entire portfolio of pubs in Belgium and the Netherlands, owned until then by Immobrew SA, a subsidiary of AB InBev and renamed Pubstone SA.
In December 2011 Cofinimmo acquired a portfolio of insurance services agencies in France, rented to the group MAAF, a subsidiary of the French insurance group Covéa. This acquisition was made by a newly established subsidiary of Cofinimmo, named Cofinimur I.
Today, the company has a portfolio spread across Belgium, France, the Netherlands, Germany, Spain, Finland, Ireland, Italy and the United Kingdom. Healthcare properties represent 68% of the consolidated portfolio and is expected to grow significantly.
2022
Issue of a second €500 million benchmark-sized sustainable bond.
Sustainable Growth Award 2021, presented by Euronext Brussels, for the company with the strongest sustainable growth over the past 10 years.
2021
Start of activities in Ireland, Italy and the United Kingdom in the healthcare real estate segment
2020
Start of activities in Finland in the healthcare real estate segment. Launch of project 30³, aimed at reducing by 2030 the portfolio’s energy intensity by 30% compared to the 2017 level. Capital increases in the amount of nearly 143 million EUR. Issue of a 500 million EUR benchmark-sized sustainable bond
2019
Start of activities in Spain in the healthcare real estate segment
2018
Capital increase for an amount of 155 million EUR. 50% of global portfolio invested in healthcare real estate. Start of rebalancing of the office portfolio towards Brussels CBD
2016
Inaugural issue of 'Green & Social Bonds' - private placement of 55 million EUR
2015
Capital increase with preference rights in the amount of 285 million EUR
2014
Start of activities in Germany in the healthcare real estate segment. Adoption of RREC status in Belgium
2012
Start of activities in the Netherlands in the healthcare real estate segment. Adoption of FBI status (Dutch REIT regime)
2011
Acquisition of the property of a second distribution network (sale and lease back with MAAF)
2008
Start of activities in France, in the healthcare real estate segment. Adoption of SIIC status (French REIT regime)
2007
Acquisition of the property of a first distribution network (sale and lease back with AB InBev)
2005
Diversification of the portfolio. First investment in healthcare real estate in Belgium
1996
Adoption of the Belgian SICAFI status (Belgian REIT regime)
1994
Listing on the Brussels Stock Exchange, now called Euronext
1983
Foundation