Cofinimmo S.A.

Cofinimmo is a fixed capital real estate investment trust. Co. specializes in rental property. Its core investment segments are office property and nursing and care institutions. The portfolio also includes a Distribution property networks segment. Most of Co.'s assets are in Belgium. The foreign part consists of nursing homes/ clinics and the MAAF agencies network in France and the Pubstone portfolio in the Netherlands. Co.'s operations are organized into four segments: Offices, Nursing homes/Clinics, Distribution property networks, and Public-Private Partnerships.
  • TickerCOFB
  • ISINBE0003593044
  • ExchangeEuronext Brussels
  • SectorReal Estate Investment Trusts
  • CountryBelgium

Analysts

ING
Research Department

Benelux Morning Notes

AB InBev: You beauty, right on target. Accell: Solid 1H results, leverage ratio drops to 1.7x. Acomo: Not so nuts. Befimmo: Still bridging the gap. Belgian telecoms: OBEL's new Love Duo packs priced at €15 discount to the Love packs. Beter Bed: Financing secured to execute MC disposal. Cofinimmo: Killing the zombie. Gecina: Hikes guidance, steady growth. Wereldhave: WHA Belgium reports 1H19. Wessanen: Slow food movement

Alan Vandenberghe ...
  • Alexander Makar
  • Jan Opdecam
  • Lenny Van Steenhuyse
  • Sandra Cauwenberghs
  • Thomas Couvreur
  • Wim Hoste

Morning Note: ABI BB, ADYEN NA, AKZA NA, ATEB BB, BEFB BB, BEKB BB, BBED NA, COFB BB, GLPG NA, REC BB, SLIGR NA, WES NA

AB InBev: Sale of Carlton & United Breweries for $ 11.3bn Adyen: Postmates chooses Adyen as payment mate Akzo Nobel: Preview 2Q: earnings acceleration expected Atenor: 4th office development project in Budapest Befimmo: HY19 trading update Bekaert: Preview 1H : turning the corner ? Beter Bed Holding: Not that bed after all Cofinimmo: Sale of Souverain (former AXA building) for € 50m Galapagos: Post-Gilead deal take-aways on the 10y alliance Recticel: Quo vadis, Recticel ? Sligro: Prudent analyst meeting, confident about the LT Wessanen: Strong sequential development Various: Removing Recticel ...

Alexander Makar ...
  • Cedric Duinslaeger
  • Jan Opdecam
  • Joachim Vansanten

Morning Note: COFB BB, QFG BB

Cofinimmo: € 7m acquisition of HC site in NL Quest for Growth: Steady NAV growth (+5%), discount at 26.9%

ING
Research Department

Benelux Morning Notes

Cofinimmo: Acquires another Brussels CBD office. D'Ieteren: New CEO is Francis Deprez, executive committee member. NSI: Sale of 3 retail assets for €1,400/sqm. VGP: Launches second JV with Allianz

Alexander Makar ...
  • Cedric Duinslaeger
  • Jan Opdecam
  • Joachim Vansanten
  • Lenny Van Steenhuyse
  • Sandra Cauwenberghs

Morning Note: ACKB BB, COFB BB, DIE BB, KDS NA, OXUR BB, QFG BB, VGP BB

Ackermans: Finalises sale of HPA to DomusVi Cofinimmo: Acquires Ligne 13 office building in Brussels CBD D'Ieteren: Francis Deprez becomes new CEO Kiadis: Revised guidance after notice from EMA Oxurion: Positive topline results on kallikrein inhibitor in phI Quest for Growth: Commits € 15m to Capricorn Digital Growth Fund VGP: New € 1.7bn JV announced with Allianz RE

ING
Research Department

Benelux Morning Notes

AB InBev: You beauty, right on target. Accell: Solid 1H results, leverage ratio drops to 1.7x. Acomo: Not so nuts. Befimmo: Still bridging the gap. Belgian telecoms: OBEL's new Love Duo packs priced at €15 discount to the Love packs. Beter Bed: Financing secured to execute MC disposal. Cofinimmo: Killing the zombie. Gecina: Hikes guidance, steady growth. Wereldhave: WHA Belgium reports 1H19. Wessanen: Slow food movement

Alan Vandenberghe ...
  • Alexander Makar
  • Jan Opdecam
  • Lenny Van Steenhuyse
  • Sandra Cauwenberghs
  • Thomas Couvreur
  • Wim Hoste

Morning Note: ABI BB, ADYEN NA, AKZA NA, ATEB BB, BEFB BB, BEKB BB, BBED NA, COFB BB, GLPG NA, REC BB, SLIGR NA, WES NA

AB InBev: Sale of Carlton & United Breweries for $ 11.3bn Adyen: Postmates chooses Adyen as payment mate Akzo Nobel: Preview 2Q: earnings acceleration expected Atenor: 4th office development project in Budapest Befimmo: HY19 trading update Bekaert: Preview 1H : turning the corner ? Beter Bed Holding: Not that bed after all Cofinimmo: Sale of Souverain (former AXA building) for € 50m Galapagos: Post-Gilead deal take-aways on the 10y alliance Recticel: Quo vadis, Recticel ? Sligro: Prudent analyst meeting, confident about the LT Wessanen: Strong sequential development Various: Removing Recticel ...

Alexander Makar ...
  • Cedric Duinslaeger
  • Jan Opdecam
  • Joachim Vansanten

Morning Note: COFB BB, QFG BB

Cofinimmo: € 7m acquisition of HC site in NL Quest for Growth: Steady NAV growth (+5%), discount at 26.9%

ING
Research Department

Benelux Morning Notes

Cofinimmo: Acquires another Brussels CBD office. D'Ieteren: New CEO is Francis Deprez, executive committee member. NSI: Sale of 3 retail assets for €1,400/sqm. VGP: Launches second JV with Allianz

Alexander Makar ...
  • Cedric Duinslaeger
  • Jan Opdecam
  • Joachim Vansanten
  • Lenny Van Steenhuyse
  • Sandra Cauwenberghs

Morning Note: ACKB BB, COFB BB, DIE BB, KDS NA, OXUR BB, QFG BB, VGP BB

Ackermans: Finalises sale of HPA to DomusVi Cofinimmo: Acquires Ligne 13 office building in Brussels CBD D'Ieteren: Francis Deprez becomes new CEO Kiadis: Revised guidance after notice from EMA Oxurion: Positive topline results on kallikrein inhibitor in phI Quest for Growth: Commits € 15m to Capricorn Digital Growth Fund VGP: New € 1.7bn JV announced with Allianz RE

1 director bought

A director at Cofinimmo bought 500 shares at 113.000EUR and the significance rating of the trade was 56/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of board memb...

COFINIMMO sees an upgrade to Positive due to a better fundamental star rating

The general evaluation of COFINIMMO (BE), a company active in the Real Estate Investment Trusts industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 3 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date May 24, 2019, the closing price was EUR 114.00 and its potential was estimated at EUR 121.90.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Befimmo SA - Strategy, SWOT and Corporate Finance Report

Summary Befimmo SA - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Befimmo SA (Befimmo) is a real estate investment trust. The company focuses on investing in office buildings properties. The company also offers services such as leasing, renovation, construction, property management, space planning and project management, environmental support and facility manag...

MarketLine Department

Cofinimmo S.A. / N.V. - Strategy, SWOT and Corporate Finance Report

Synopsis Cofinimmo S.A. / N.V. - Strategy, SWOT and Corporate Finance Report, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Summary - Detailed information on Cofinimmo S.A. / N.V. required for business and competitor intelligence needs - A study of the major internal and external factors affecting Cofinimmo S.A. / N.V. in the form of a SWOT analysis - An in-depth view of the business model of Cofinimmo S.A. / N.V. includ...

Expert Corporate Governance Service (ECGS)

Cofinimmo - AGM 08 May 2019

Mr. Xavier Denis, Chief Operating Officer and Director of the Group, resigned from his position as Director on 21 May 2018, and from his position as Chief Operating Officer on 31 May 2018. Under ITEM 2, the board seeks shareholder approval of the remuneration report for the financial year 2018. We note that the Company does not have a long-term incentive plan in place, it has a discretionary stock option plan. Furthermore, this plan does not operate clearly disclosed performance conditions. Hence, ECGS recommends to OPPOSE. Under ITEM 9, the board seeks shareholder approval for new nominee B...

Valérie GASTALDY

Analyse court terme - COFINIMMO : Les cours baissent.

La tendance est incertaine. Les cours baissent, mais la tendance manque de puissance pour le moment. Le prochain support est à 103,10 €.

Valérie GASTALDY

Short term view - COFINIMMO : Falling prices.

The trend is uncertain. Prices are falling, but the trend is lacking power for the time being. The next support is at €103.10.

Valérie GASTALDY

Analyse court terme - COFINIMMO : Les cours baissent.

La tendance est incertaine. Les cours baissent, mais la tendance manque de puissance pour le moment. Le prochain support est à 103,10 €.

Valérie GASTALDY

Short term view - COFINIMMO : Falling prices.

The trend is uncertain. Prices are falling, but the trend is lacking power for the time being. The next support is at €103.10.

Jérôme VINERIER

Analyse moyen terme - COFINIMMO : La correction gagne en vigueur.

La tendance de fond est clairement orientée à la hausse. La correction en cours gagne en vigueur. Il est trop tôt pour parler de retournement baissier. La tendance serait invalidée sous le support à 94,16 €.

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