REGULATED INFORMATION

Brussels, embargo until 18.05.2015, 05:40 PM CET

PRESS RELEASE

S&P raises Cofinimmo's credit rating from BBB- to BBB

On 15.05.2015, the credit rating agency Standard and Poor's raised Cofinimmo's rating from BBB- to BBB/stable outlook for the long term and the short term rating from A-3 to A-2.

According to S&P, the revised rating reflects firstly a reduced debt level following Cofinimmo's announcement of its successful capital increase closed on 7.05.2015. Secondly they noted that Cofinimmo is committed to maintaining its debt ratio below 50%.

Moreover, the rating agency highlights the strong operational performance of the Group, characterized by a diversified portfolio, the weighted average lease duration of 11 years, sustainable long term cash flows and a stable occupancy rate of 95.2%.

Jerome Descamps, Cofinimmo Chief Financial Officer: « This rating upgrade is a recognition of the work Cofinimmo has already done over the past years in order to reinforce its balance sheet and to facilitate its access to capital markets. »

For more information: Valerie Kibieta Ellen Grauls

Head of External Communication and Investor Relations Manager

Investor Relations Tel.: +32 2 373 94 21

Tel.: +32 2 373 60 36 egrauls@cofinimmo.be
vkibieta@cofinimmo.be

REGULATED INFORMATION

Brussels, embargo until 18.05.2015, 05:40 PM CET

About Cofinimmo:

PRESS RELEASE


Founded in 1983, Cofinimmo is today the foremost listed Belgian real estate company specialising in rental property and an important player in the European market.
The company owns a diversified property portfolio spread over Belgium, France, the Netherlands and Germany, worth over €3.2 billion, representing a total area of 1,780,000m². Riding on demographic trends, its main investment segments are offices (41%), healthcare properties (41%), and distribution networks (17%). As an independent company that consistently applies the highest corporate governance and sustainability standards, Cofinimmo services its tenants and manages its properties through its 110-strong team operating from Brussels.
Cofinimmo is listed on Euronext Brussels (BEL20) and benefits from the fiscal REIT regime in Belgium (RREC), in France (SIIC) and in the Netherlands (FBI). Its activities are controlled by the Financial Services and Markets Authority, the Belgian regulator.
At 31.03.2015, its total market capitalisation stands at €1.9 billion. The company applies investment policies which seek
to offer a high dividend yield and capital protection over the long term, and aim both institutional and private investors.

www.cofinimmo.com

Follow us on:


distributed by